This will give you some rental property experience with a lower down payment.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

What’s great about Oklahoma is that the lower purchase prices often lead to higher cash flow compared to some parts of DFW.

I started advertising it at $2100 and steadily lowered it to now $1700. 

It sounds like a great opportunity, especially with the location near theme parks and convention centers.Nice job negotiating a lower price with motivated sellers—that’s a smart move.

We are looking to add value for our owners and tenants which translates to lower prices and speedier service. 

.- Execution: In current market conditions, of lower inventory and higher demand, timing is essential.

Existing inventory isn't that high. some submarkets are higher if they are lower prices 

I think this gets missed sometimes, or people are surprised that they are taking a lot of risk AND energy/time to get returns generally available already with much lower of the two

Cash out refinance offers a 30 year term lower rate versus a HELOC higher rate shorter term.