If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.  

I was looking there myself and curious what areas you would choose for a mix of cash flow and appreciation? 

Purchase price: $72,000 Cash invested: $107,600Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

Long Term Rental.Please feel free to reach out in my dms - I'll need property address along with your debt / equity/ monthly payment information!

Additionally, based on your numbers, it should definitely cash flow. 

When I drive for dollars, I just take notes of the addresses in my phone and add them to my propstream lists later.As for cash buyers, I don't think there's such thing as too many buyers on your buyers list, although you do only need one to close a deal.

Purchase price: $840,000 Cash invested: $75,000 Sale price: $1,200,000 Full renovation of all 4 units.

This negative position can consume years of cash flow to recover.

I recently worked on an off-market deal here that turned into a great BRRRR success, proving how the right team and strategy can create equity and cash flow, even from a distance.If you ever need help analyzing deals or navigating the OKC market, I’d love to connect and assist however I can.