Missouri having a year-after-year growth is a diverse market located in the Midwest. Kansas City is the largest city in MO and the second largest Metropolitan area, in the state of Missouri. Over 6 million people call Missouri home, which is the 18th most populous state in the nation. Missouri ranked 17th in the United States with ten Fortune 500 company headquarters located in the State.
With many company’s being headquartered in Kansas City, MO, it makes it an ideal place to invest in single family rental homes due to it’s stable and growing economy. You may have heard of these company’s such as – AMC Theatres, Applebee’s, Barkley, Inc.,Cerner, DST Systems, Hallmark Cards, H&R Block, Hostess Brands, Sprint Corp., Veterans of Foreign Wars, Walton Construction and many more.
The cost of living is more reasonable here than many other parts of the U.S. With a wide range of company’s moving the city and states growth, Missouri, particularly Kanas City is a great market to invest in single family homes.