Offer to attend a training class before you sign up.We have leads- No broker is going to give you anything, unless you prove yourself first, and you're highly favored.

Don't expect them to drop everything and run right over to provide a quote and don't act as if you're doing them a favor by giving them the opportunity to work with you.Like I said good service providers aren't cheap and cheap service providers aren't good.

Factor in worst case scenario and hopefully the math still works out in your favor. 

If it doesn't work in your favor and prices go down slightly, will you be OK with that?

That said, St Louis has been getting some favorable press lately with its business growth.

However, on a foreclosure the bank will many time issue an addendum which basically replaces the state contract and favors the bank.

For the more experienced investors in this area, how would you rate the rental market in the city and are there any areas, counties that would favor any of those strategies?

If they don't like the statute and it's not in the tenant's favor, they will "interpret" it in a manner that delivers the desired result.  

The combination of good jobs in a diversity of industries, favorable climate, and liberal policies have been attracting people from all over and there is no sign of this trend stopping.

Is that why the cap rate is more favorable than other properties I've seen?