For Section 8 opportunities in Tulsa, start by researching areas with high rental demand and good rental yields.

The last two investment properties I have purchased was for cash, so I must have made the absentee high equity owner list.

High risk since most fail, but big rewards. 

It would be $1.1m, and according to AirDNA it would run -$40k/yr as an STR, and while local rent rates are high it would still run about -$2500k/m.It is such a cool and unique property I hate to let it go and would love to find a creative use for it that could at least carry itself (approx $6k/m+).

Welcome, by the way~ I highly recommend the podcasts.  

I have a team of highly experienced permit expeditors who are well-versed about all the current laws regarding building permits and paperwork in Florida.

Highly unlikely you could buy the 1st heloc note since it likely from a large bank....that won’t happen, but you could pursue it if it is a small local lender.  

Quote from @Zachary Deal: A lot of investors utilize the BRRRR strategy in those markets as there is relatively high rents compared to the value of the properties!  

I’d recommend steering away from condos due to high HOA fees, which can eat into returns.

Even with those upgrades you are listed too high this time of year.