is Raytown, MO good place to invest
We are looking at few properties in Raytown near Kansas city and upon investigation found that it has lots of crime and upside for appreciation is quite limited ? Rentals are mostly for section-8 and HA supported renters. Can someone provide an honest opinion on this area please ?
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Raytown is a blue collar neighborhood. Fairly stable. There are a number of pockets within Raytown that I would consider investing in for SFR's. Just don't plan on appreciation when analyzing your deal.
There is a small area where KCMO employees (police, etc) can live and also be part of the Raytown school district, rather than the KCMO school district. I would focus on that area of overlap as it will always be sought after. I apologize for not knowing the exact boundaries. The husband of one of the people I work with at my day job, is a cop and she was talking in depth about it.
I hope that helps.