If nothing else there is principle pay down on the mortgage gaining you wealth over the long term.I'm a long term player, I fully plan to pay my mortgages for 30 years and actually own the properties I buy some day.One last thing to be aware of is this property will likely negatively effect your DTI which may make future financing harder.

that cash flow and return do not need to be as high.If your in a market with limited appreciation and tenant pool that has risk of non paying and lots of turn over IE areas that are dominated by renters that move on average of every 18 to 24 months.. then for sure you need higher rental returns to substantiate those investments.And as for Dallas as an out of state investor I see that city making very little sense.. especially if your California based.. sky high property tax's in Dallas along with sky high state income tax's in CA as a CA resident.. along with foundation and hail and other tough weather conditions.. all of those things add up to needing more cash flow than in other parts of the country not less.

House staging sounds like the perfect place to get to know the players and introduce yourself.

(Doesn’t have to be local but I prefer the pleasant touch of a local broker instead of the national players that give you a great interest rate but charge 3 times as much in fees.)

I will appreciate any feedback from seasoned players 🙏

That said, they leave lots of room for smaller players as they often suck (technical term ;-) in certain areas, or for certain data. 

I know there are a good number of players of turnkey companies who handle SFHs in that market --USREEB, Norada, Pinnacle, etc. to name a few -- but I can't seem to find any that specialize in multifamily properties (duplexes, triplexes, etc.)More importantly, do multifamily properties WORK in the KCMO market?

I've heard stories as well of Sheriff Sales being like the wild wild west at times (the big players bidding up properties just to keep the new players out of contention) but haven't experienced anything like that first hand. 

Keep hitting the social gatherings and REIA meetings and you'll get to know who the big players are.

This means smart, targeted marketing within a relatively narrow geography - maybe just a few zip codes where you can dominate with your messsage.