Please advise about Independence, MO.

[Sam Deb]

Hello Experts, 

I needed your expert and learned opinion about buying my first out of state rental property in Independence, MO.

Is it a good place for rental property and how is the crime rate and how is the rental market. I am looking at lower 60k and little repair/rehab. Not looking at equity but only aiming at cash flow as of now. Please suggest if I should pursue that location. I am based out of IL and its not a good rental market or you can say the good market is out of my reach here.

Thanks and Regards,

-Sam

[Sam Deb]

Thanks, @Caleb Brown 

I was looking for a property that is relatively cheaper with less work to do. I did not zero-in on any so far but I am still in the process of finding few good ones.

So, I was going through our forums and just decided on Kansas City, MO as it is relatively closer to me than other places. Although, I did not rule out Indiana. That is also closer to me in terms of physical distance. 

Since I am trying to keep my initial investment lower I ended up finding few in Independence, MO.

But I am not very familiar with the place and I understand I have to visit few times to understand more.

I am doing some research on the area. What I do is I take the address and go to trulia.com to use their crime index map for that address. Not sure how accurate it is but it gives me a good sense anyways.

Then I realized that other members can help me on my decision and I ended up posting this :)

Thanks,

-Sam