It’s great to hear that you’re looking to invest in the OKC market—it’s such a fantastic area with strong long-term potential.

The real power of single family residential comes with stable, consistent markets that chug along, have good rental base/demand and growth potential. 

Potentially YES!!!

There are outlier circumstances and big-picture strategies that could potentially apply; but that's why they need to talk to someone about their specific situation. 

If you're open to $120-180k, I would recommend looking into Columbus Ohio as it does have much better growth and appreciation potential than Cleveland and Dayton. 

What’s the best way for a new LP to vet potential managing partners?

In your proposed case you would be compounding this negative position by taking away the best source of financing for a large percentage of potential buyers.  

We get traffic studies done to confirm that the roads can handle the potential traffic.

Even if you’re not ready to buy yet, practicing this skill will help you recognize a great deal when the time comes.Feel free to reach out if you’d like to chat more—I’m happy to share what I know or help you connect with others in the field.

Being an agent I knew the market and the potential it had.