My theory is that St. Louis is one of best cash flow markets in America. I do not say it is absolutely number 1 because I don't know every market. But, I do not know a market with better cap rates. In St. Louis, you can buy a house from $10k and up. I personally try to be all in to a rental for $50k or lower. The typical rents I get are around $750-800 for my SFR. I also have 4-plexes that I have have bought for under $100k. Granted that was a few years ago. The prices are higher now. I know there are other great cash flow markets in the Midwest and South.
Do you know of a better or comparable cash flow market? Please let me know.
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