Hello, Melissa Kirk, here are my considerations. 

Here are pockets I focus on for cash flow:West side - West boulevard, Cudell, Clark-Fulton, Jefferson, Bellaire-Puritas, Old BrooklynEast side - Fairfax, Buckeye-Shaker (the north side), Waterloo Arts District, Garfield Heights, Maple Heights, Newburgh Heights, Lee-Miles (the north side), BedfordHere are the areas that I focus on for appreciation:West side - Lakewood, Edgewater, Old Brooklyn, Ohio City, Tremont (above 490)East side - Buckeye-Shaker (the north side), Waterloo Arts District, Fairfax*I have a graded neighborhood map of these areas as well if you would like to check it out.

Something that you really have to take into consideration is that most buildings here are a century old or even older.

Here are pockets I focus on for cash flow:West side - West boulevard, Cudell, Clark-Fulton, Jefferson, Bellaire-Puritas, Old BrooklynEast side - Fairfax, Buckeye-Shaker (the north side), Waterloo Arts District, Garfield Heights, Maple Heights, Newburgh Heights, Lee-Miles (the north side), BedfordHere are the areas that I focus on for appreciation:West side - Lakewood, Edgewater, Old Brooklyn, Ohio City, Tremont (above 490)East side - Buckeye-Shaker (the north side), Waterloo Arts District, Fairfax*I have a graded neighborhood map of these areas as well if you would like to check it out.

We have invested a considerable amount already into the to-be-built plans, architects, engineers, etc.  

Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?

I get it.If you still think you can direct me to direct step by step information to get me started...and I can always keep future consideration open to your course...would be very appreciated.  

That is a consideration.A greater consideration is that in order to do a valid 1031 exchange the tax payer for the old property must be the same as the tax payer for the new property. 

well i guess to figure out if our deal is a great deal is in the eye of the beholder and we feel it is for many reasons not just cost there are other considerations. costs as you know have been all over the map going way up ( when lumber spiked) to back down like now..

Hi Ashwin,I do not personally know about this area, but I can give you some insight on how to go about finding out: Investing in properties near I-44 around 63rd and Kelley in Oklahoma City requires careful consideration of neighborhood dynamics, rental demand, and property condition.