First SFR in Kansas City, MO
Hey all!
So today I have made a little progress toward my first SFR purchase in KCMO. I think I've found a realtor to work with, but I'm still confirming whether he's the right guy for me, since I'm looking at a lower price range and have some pretty high standards and would like to build a 3-5 unit portfolio in the area. I'm planning to get a prequal this week so that I can move quickly on the right opportunity.
About me: I'm living in San Diego, where I was born and raised. I have one SFR renting with positive cash flow in AZ, which is the house I lived in for 4 years before coming back to SD this year. However, if I was crunching the #s today, it wouldn't meet my 2% target for rent to unit cost, so I probably wouldn't buy the house again!
Any words of wisdom or recommendations about where / how to look for a place? I'll also need a property manager when this is all said and done.
Thanks!
Katy