We are currently preparing my real estate strategy, of course using the Bigger Pockets Strategy book, as a previous business owner in another industry, there’s a lot of good and refreshing information here in this Strategy book. 

Affordable Entry Prices: Both Oklahoma City (OKC) and Tulsa offer properties well below your $200K-$300K range, making it easier to meet your cash flow goals.Landlord-Friendly Laws: Oklahoma is one of the most landlord-friendly states, which simplifies managing your investment and dealing with tenants.Strong Rental Demand: Both OKC and Tulsa have stable rental demand, especially in areas near colleges, hospitals, and growing suburbs.Job & Population Growth: OKC, in particular, has been experiencing job growth in energy, aerospace, and tech industries, contributing to a growing rental market.

Since you're so close to Loyola and not too far from Northwestern, I imagine you might have a pool of people who need temporary furnished housing while they study, do a medical rotation, or travel in the medical industry.

@Jordan Kaylor @Jeanette Land    Seasoning requirement is a industry term for waiting period.

A young population plus a growing industry makes for good long term investments, but unless you are really scaling the cashflow can be hit or miss. 

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

Seemed commercial/industrial.

There are Class A industrial projects underway and the development of a large retailer.

While different industries may have additional location requirements, there are four basic requirements.Low crime: Companies are unlikely to establish new operations in high-crime cities.

Look for sponsors that have been in the real estate industry thru several economic and market cycles.