Other Strategies: Are there safer or more profitable alternatives I should consider? 

Have you considered investing in notes? 

Cash flow is hard to come by and I have considered looking elsewhere in more affordable states.

Consider starting small, like with a duplex, to get experience.

Mention which properties they would consider selling.

The "land basis" cannot be depreciated, so your depreciable portion will be lower than $350k.We typically consider $1 million in building basis as a rule of thumb where it makes sense to evaluate the potential benefits.

Oklahoma is definitely worth considering for your first rental property!

Not sure if they would consider that private information or not.

I tried to work with Digb and they provided some of the worst customer service I ever experience.

This allows them to get more capital so they can make more loans without having to grow their asset base, while also maintaining their relationship with the customer through monthly payments.