Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!

@Jade Frank I agree with what @Dominic Mazzarella and others are saying here, but If you find the downside outweighs the gain and you ultimately decide to sell the property, Since the property was held for investment use it would qualify for a 1031 exchange. 

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

This tool (no affiliation with BiggerPockets) can help your son find properties with assumable loans. 

What neighborhood is this triplex in and di you find the property on MLS or off market? 

You can usually find some events by doing a simple google search.

If you can't find what you're looking for, try the Bigger Pockets Fileplace.

Either can work, propstream will be more affordable  but is propstream as good as data tree finding vacant land. i am on propstream looking and cannot seem to find anything decent , and i am looking in areas where i know vacant land is

I’m new to the space but eager to learn from experienced professionals, expand my network, and find opportunities to collaborate. 

How did you find this deal and how did you negotiate it?