Given the allure of the cheaper housing in Tulsa we started looking for a property that we could flip.

Otherwise it is almost always more beneficial to get financing for each house individually due to better/cheaper terms.  

Given the allure of the cheaper housing in Tulsa we started looking for a property that we could flip.

I just picked another one up cheaper needs some work but nothing major I should rent for 750 but I'm expecting little if any appreciation

Will have to register it as a foreign entity (which I would expect to be cheaper than filing a new LLC), but that's one less LLC to manage.

Inventory is low and there will always be a strong demand for cheaper housing if ever you decide you would rather not hold your property anymore.The risks are 1) They crash / correct harder than single family homes in a housing market crash.    

For instance, if you want to buy-and-hold in San Diego, then yes wait until a crash when you can buy cheaper (if a crash comes anytime soon).

I usually pay $0.389/postcard at their rate for 2001+ postcards, but they get even cheaper with more bulk.  

I noticed that the homes up north are a lot cheaper then the ones here in south Florida.

More for cheaper properties, less for expensive ones.