Average rent is about $1000/mo

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

Home prices in OKC remain affordable compared to national averages, allowing investors to acquire properties with strong cash flow potential.

This reduced time spent on mundane tasks - answering investor questions, sending out loan information, handling loan inquiries etc about 80%. 5.

Has really reduced our water bills since we installed them. 

It is to get you to reduce the amount of time you waste looking at deals and knowing what is good and what isn't good for a deal.You'll also need to know the area comps, are people putting in wood flooring or LVP etc.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

So they often will reduce the leverage of the loan (getting 65% instead of 75%) or deny it (which isn't as likely). 

Another way to look at this is......1) figure out what you want to make as a net profit, 2) Do a quick check to see if this is within local averages, 3) Set your pricing at that higher rate, but keep your occupancy lower.You make the same money with less effort or risk...This might not work everywhere, but it's certainly worth a try.

However, the average time to closing on these deals have been 2-3 months!!!