I am looking for a good first property to rehab and flip in the Kansas City Metropolitan Area.  

The city assessed value is ~$235K but I know these can be a bit lower than market value.

We currently live in Plant City close to I4.

I know to check pipes (on city water so water should be flowing), but any key points I may overlook?

----------------------------------------------------------------------------On the front I'll put:[BACKGROUND]:picture of house and a picture of a hand holding hundred dollar bills[HEADER]:We Buy Houses For CA$H!

The Apartment Association of SE Wisconsin http://www.meetup.com/Milwaukee-Apartment-Associat...I also like the facebook groups Wisconsin Landlords Unite. https://www.facebook.com/groups/1453492581536529/ Also, Brew City Real Estate Investment Meetup has many members who are landlordshttp://www.meetup.com/Brew-City-Real-Estate-Invest...

I am in Kansas City area.

There's extra capital needed to remodel the 3-5th floors, but I don't know what kind of options there are for funding that.The area is on the border between downtown and a less friendly neighborhood, but the city just got a big government agency to move in about a year or two ago.

They are looking in all throughout CA.

The city of South Bend, population 101,190, is the economic and cultural hub of a multi-county, bi-state greater region, population 858,055 (seven counties), with a labor force of 415,426.