Advice from anyone investing in Oklahoma (or other inexpensive state)

[Nathan H.]

Hello, 

I'm an experienced investor that took a hiatus for the last couple of years. I'm looking to jump back in but need to explore new strategies and may be out of touch with the market. I live in Colorado, very few deals make sense here, out-side of maybe a very long-term strategy, so I'm looking to different markets.. I've invested out of state, but not much. Just want to get your take if you invest in an area with $100,000 houses that rent for maybe $1,200-$1,400. Are those areas out there and can they be lucrative? Oklahoma, specifically Tulsa seems like it may have some merit.