Is this location within their sphere of competency or ability to low cost manage?

Access to MLS is one of the best reasons for investors to get their license since it's such a low bar to entry and low annual fees for that and access to all dumps on the market.

@Steven Bowdich as long as you run your numbers it should work and if cash on cash in low then move into next deal.

If you have a class C plus or maybe low B area, you can screen to select the best or top end of tenants in the program. 

Our goal is to keep your maintenance costs low to keep your return on investment high. 

okc market is at historic lows for leasing(especially September) it has picked up some in Oct. 

I know Virginia Beach is attractive but that average price for Alexandria strikes me as rather low.

The return on equity is probably very low considering they are paid off so maybe explore refinancing or selling the lowest performing one(s) or your biggest headaches to reinvest in more lucrative deals.I noticed you also used a metric of number of rentals to attain your goal rather than $$$/month.

If low wet ground check with people moving dirt for free fill dirt.

Note: I'll caveat: I believe that other factors should be considered when analyzing the market as well (i.e. economic growth/stability, low crime rate, affordability, etc.)