I am looking to invest out of state and into Kansas City

[David Bohner]

I am a new investor from Colorado. Despite success with a couple of deals my wife and I have decided to invest out of state. With a little research and having a reliable friend in the area we decided to invest in buy and hold properties in Kansas City. We are looking to build a team out there so if anyone could refer a contractor and/or handyman, a real estate attorney, a real estate agent, property managers, or a portfolio lender all with experience working with investors.

Plus any advice on the market would be greatly appreciated.  

[Andrew Syrios]

A really quick rough guide would be as follows:

In KCMO: Avoid east of Troost. If you want solid but relatively inexpensive areas, look for Waldo, Hyde Park and Brookside (although the latter two can get a bit pricey). The downtown and Plaza are probably too expensive for you. Other good cash flow markets include Grandview, Raytown and Belton as well as most north of the river. Independence is rough in the west but nice in the east. Blue Springs and Lee's Summit are both great but a little pricey.

Johnson county is really nice, but pricey. Olathe, Roeland Park and Prairie Village are more reasonable for rentals and still good. Kansas City, KS isn't particularly good, other than far west part near the legends and the part just north of county line and just west of the state line near the campus.

Of course it's much more complicated than that, but there's a very quick rundown. I hope it helps.