We are in the process of screening a tenant which of course includes verifying rental history.

In that price range, both OKC and Tulsa provide a variety of options for quality properties without straying too far from your budget.If you’d like more details on any of these areas or property types, feel free to reach out!

If you sold it for $75K the buyer would get a 15% return.Here is a screen shot using your calcs at a 111 month remaining term:Hope this helps!

We got varying bids of quality and prices.

Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Any programmable thermostat that has the ability to lock the screen with a pass code should work.

., but the quality of its service evinces a deep disregard for customer satisfaction.

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

Having a detailed rehab plan and experienced team is critical.Not Screening Tenants Properly:The rental phase is crucial, and bad tenants can cause property damage or miss rent payments, disrupting your cash flow.

Vet property managers well; income can vary greatly in the same location due to the quality of the property management.