@Tony Xu If focused on cash flow in econonically healthy markets, I think your narrowing it down to B props in Kansas City is a good choice, and there are some good turnkey options in that market.  

They say that cash flow somehow makes them magically immune to any downturn as if their tenants and their cash flow especially in lower end markets (where cash flow on paper looks the highest) will somehow be unaffected ... rent doesn't go down in a recession, it stops ... not all cash flow is created equal, and quality of cash flow in this case is more important than the quantity. 

I was able to leverage the still recovering housing market and low acquisition cost to turn a healthy profit, which allowed me to easily roll into the subsequent projects. 

Another skill I had to learn early on to establish a healthy sales career.

LOL... it is healthy

Awesome place (if a shade boring for a young professional), affordable housing, listed in top 10 places to live in USA often, has tech scene (research triangle park) with talent pool, 3 universities pumping out graduates, healthy arts and entertainment scene, ease of commuting, not crowded, space to spread out.

Always check and get your own numbers, what you see on Zillow etc is often wrong.And contrary to others here I see nothing wrong with a healthy down payment on your first property; as you become more confident your views will change.

However, a healthy discussion to ensure that both spouses agree on the course of action never hurts!

Steve, it is a very healthy question and it shows you are thinking critically.

Growing is healthy,  bursting is not.