So when people think there is limited supply, there also is limited demand macro economically because most cannot afford a home.

Considering the current economic climate, where layoffs are happening every other day, and interest rates are going off the roof, is it a good time to invest in STR or wait for some time?

@Brian Burke Both of these properties have management issues, starting out 18 months ago occupancy was in mid 80's at takeover, but the economic vacancy was high a lot of delinquency, courts backed up and they couldn't evict fast enough, meanwhile they did most of the Capex but weren't able to fill all the upgraded units quickly, they changed management companies and things were getting better but not fast enough, and yes it has bridge debt with no rate cap, and the amount of the capital is to be able and hold on till they hit 90% occupancy and will be able to refinance.Lessons I'm learning, Due diligence is walking every unit, looking at every lease and checking if money from leases are actually going into the bank.

Affordability: Oklahoma offers affordable real estate options, making it easier to acquire properties in the desired price range.2.Rental Demand: OKC has a steady demand for rental properties, particularly in the affordable housing segment, which can ensure a consistent income stream.3.Economic Growth: The state's economy, including sectors like energy, aerospace, and healthcare, contributes to a stable job market, attracting renters and supporting property values.4.Investor-Friendly Environment:Oklahoma's landlord-friendly laws and reasonable property taxes make it favorable for real estate investors.5.

I agree with @Michael Plaks - having them provide financial and tax strategy together is not necessarily a good thing.Interesting to note - all of the largest asset management / financial advisory firms I work with...none of them do tax work, they all coordinate with a tax firm to address those needs.There are true "fee only" financial advisors out there. 

So, looking at the flips I take on, with anticipated profits in the $70k+ range, the setup costs alone are eating nearly 20% of your potential profits, and that is before any real splits with your investors, leaving both your investors and you with not a lot of money left to spread around.A fund could work, but typically, for the economics of a syndication/fund structure to work, you are looking at several million of equity, leveraged up to high single millions, if not into $10+ million range for their to be enough money to make it worth everyone's efforts.

Rust Belt (like you are looking it) is OK but pretty economically depressed.

A well-diversified portfolio is more resilient to economic downturns and sector-specific challenges.Key Takeaways:Expand investment portfolios to include a mix of property types and locations.Consider emerging markets and sectors with growth potential.ConclusionFuture-proofing commercial real estate investments require a proactive approach that embraces technological advancements, sustainability, flexibility, strong tenant relationships, and portfolio diversification.

This to me would warrant an economical option.

I've seen that typically, 30 year fixed mortgages rates will be roughly the federal funds rate +2% (give or take factoring in other economic conditions).