STR in Tulsa Oklahoma by ORU and St. Francis Hospital

[Zachary Stanley]

I just went under contract on my wife and I's 5th property! I am a Bigger Pockets preferred agent in Northwest Arkansas and my other  4 investments are here locally but I decided to branch out and take a bigger risk on this 5th investment in Tulsa. 

I bought the AirDnA data for the area, ran my numbers and got the blessing from my wife to purchase this home. Im super excited BUT!! I do not have much knowledge on the Tulsa market and this property would work as a LTR but there is huge upside in STR for this home.

This deals details:

-$389k purchase 

-They furnished this home for showings and I was able to negotiate them leaving $30,000 of furniture. (Praise God)

-Mortgage will be around $2500 a month 

-AirDnA data was showing for homes with similar square footage and sleeping 8 people like mine would it would generate minimum of around $40,000 of income per year and this home BLOWS those other homes out of the water.

My questions are: 

-Is this a deal you would do? 

-I understand the process of Airbnb but are there things you all are seeing I should take into account? 

-Did i score a good spot? 

Thanks in advance! (I will include a pic of the place and some of the furniture they are leaving) 

[Tom O'Stasik]

Congrats. Wish you the best of luck!