Problem being, as I mentioned initially is that the process of putting together an out of state team is doable, just not quickly.

But it's definitely doable.

I would consider a fixer upper if the returns were higher and I could find the deal, but with my time being as limited as it is I would want to turn the property quickly to get a renter in, and that might not be doable for my current situation. 

Numbers look doable.

In OKC the numbers are typically too tight to BRRR but I've been developing a relationship that looks like it might make it more doable on a bigger scale.

This is less common with big banks (but doable), and more common with smaller or local banks. 2.

I have never been involved on anything of this sort, how doable and cost effective would it be compared to buy/renovate,  any thoughts?

I came here to accept a colleague request (which is the only notification I have left turned on), I then saw an article that the colleague had commented on, then saw this thread, and then attempted to help a new investor to overcome the discouragement they were receiving from finding a 2-4 unit, as finding a 2-4 unit is very doable. 

It's definitely doable and only needs some minor repairs and cleaning/painting. 

@Bryce Carroll 20% is the lowest you'll likely be able to put down to pull that off but it's totally doable.