Pretty cool.You probably won't find this type of home in Florida or anywhere where the water table is high.

Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.

I'm still struggling to get my first AirBnB but values are rising, gross annual yield is mainly above 10%

In 2022, we also bought a gutted 56-unit apartment complex and fully renovated it in 14 months (over $2.25mm in construction)!

for me, the ones that cashflow the most are the ones that I bought with 3% long term debt, they were new (low maintenance) and they are in high appreciating areas(just a bonus but does not impact cashflow).

- Highly unlikely you'll be able to get separate water meters installed and submeter system probably too expensive for this few of units. - So, that leaves electric & gas.

Backstory - we have an apartment complex that had a $339k loss on paper last year (I'm a 40% partner).

you can use a DSCR loan if your DTI is too high for conventional. 

This month's Units magazine from the National Apartment Association has a good piece on fraud detection.  

HOA fee's do not just shoot up that high unless there is trouble from a legal standpoint.