You say you're based out of Vancouver yet your profile says Seattle.  

Compared to other towns in Oklahoma.There is also an army base in lawton which helps keep the population high and another reason why the rental demand is high out there!

It’s got that Midwest vibe—cheap land, growing demand from remote workers and families—but with less competition and rents still climbing (5-7% yearly in some spots).For a Seattle-based investor, it’s a no-brainer: skip the $700k fixer-upper down the street and grab a passive stake in a rural 12-unit property pumping out cash flow from day one.

I don't see that happening any time soon based on your 2022 to now trajectory, but you do want to find a way to make it profitable.

Based on this strategy, it would only take about 2.5 years to pay off the $160K.

Based on what you're telling me, I'd also advise you to begin the process of evicting/non-renewing the lease.

Louis, Missouri, and based on the numbers, it seems like it could be a great fit for Section 8 tenants.I’d love to hear from anyone with experience in the St.

Hey jason, a lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

Quote from @Brandon Croucier: Financing a commercial MF that runs as an STR is possible.Appraising a property based on the income is not, whos to say a buyer would STR the property. 

Hi Erica, what I've notice is that high-quality (high-priced) washer and dryers don't out perform other based price models in rentals.