They’re ideal for those building portfolios, as they don’t require extensive personal financial documentation.A key tip is to ensure the property’s cash flow comfortably exceeds the lender’s DSCR requirement (typically 1.25x or higher).

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

So when you hire that able handyman and give him keys to all of the apartments and the security codes without learning that he is 90 days out of prison for breaking and entering and committing assault and kidnapping your umbrella coverage may not help.And, these days, a million dollars of coverage will deal with the contents of a small truck that you sideswipe and it bounces around a little with the electronics inside.

Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

This zip code also has room for appreciation as OKC continues to expand westward.Building the right team is key!

@Emeka OkekeIt's great to see your commitment to learning and networking—those are key to success in real estate.

And what is your price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

A key factor here is leveraging your equity efficiently while considering tax implications.

However, having both a DSCR and fix and flip lender at the ready who is fine with rural properties will be key. 

The key challenge is finding a property that meets your needs today while also offering strong long-term potential, and I’d be happy to guide you in making the best possible investment.