Using stabilized property algorithm to set value ignores the primary source of return.  

The product they are looking is the same, sources you can get those properties from are different.

Also, you don't specify the fuel source of the furnace.

There don't seem to be a lot of great deals on the MLS anymore. Where are you finding your deals? What are the metrics you're looking at when assessing Tulsa (or Oklahoma in general) deals?

Find yourself a good investor-friendly real estate agent.Your questions span several competencies:--Sourcing properties--Helping find a contractor--Structuring due diligence contingencies--Assessing valueThis is what real estate agents do. 

You could hire a project manager  and source your own subs  . 

any specific source I can get the landlord laws ?

You may also want to see what other local sources investors are using to fund their own deals.

If you're going to own what is effectively a vacation home that is shared with guests that enjoy the outdoors, the Oregon Coast offers a little bit of everything from surfing, golfing, fishing, hiking and investing..The bull's eye for STR investment in general is shrinking and constantly moving.

So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.