There’s a lot of wisdom in the forums, so you’re definitely in the right place to learn and connect!

It is definitely an amazing way to reach financial independence especially if you stay consistent with it!

Definitely want an attorney on your side reviewing the purchase and sale agreement and just not rely on a buyers agent.

Additionally, you have many borrowers that do not qualify for your traditional A-paper mortgage from a bank and that will definitely not help, as they won't even have the opportunity to buy.

As for PadSplit, it’s definitely an option, but if you’re gonna live there yourself and don't mind a little hands-on management you can save and still cash flow.

They have a separate URL for longer stays, so you might try looking on there at your competition. https://www.airbnb.com/stays/monthly    One caveat on renting to someone having a house built, it often takes longer than planned, and you have a short definite window to rent (3-4 months). 

Definitely good comments everyone.

Lawton definitely has its reputation, and you're right about the single-industry concern and the high crime perception, which makes it counterintuitive for many investors.

When I internet search “residential definition” the first definition is ”designed for people to live in”.  

I personally work so many hours in my W2 job that I definitely cannot get those calls.