They can identify potential investment opportunities... not to mention all the tenant/landlord laws, eviction process, security deposits, accounting, end of year tax statements etc. lots of pitfalls to be avoided.wish you success in your ventures!

I have a separate interest bearing account for security deposits as required by my state laws.

1099, social security, trust payments, annuities, etc?

This is a significant potential benefit that can impact everything from security deposits to rent controls to eviction procedures. 

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.

Keep in mind that once you drop down in population there are issues with finding quality property management and as well as securing quality tenants. 

I would echo the post about security. 

And if a property is owner occupied, how can you secure a loan with a hard money lender not being able to view the home to estimate repairs?

Legal Protection – It's important to have a solid contract in place, typically a promissory note and a security agreement that outlines the loan terms, interest rates, repayment schedules, and collateral (often the property being financed).

With $200K-$250K, you can secure high-quality rental properties in both cities while benefiting from steady appreciation, strong rental demand, and landlord-friendly laws.Oklahoma City has a rapidly growing economy, with major industries like aerospace, energy, healthcare, and tech fueling job growth.