I find new lending opportunities by networking at local RE Meetups, Training Classes and real estate functions.   

-why not pick a market closer to home? 

I would say maybe Class C if I could label it such. 

Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

I would love to chat with you about this idea we can pick each others brains a bit.

Now this property is in a class C neighborhood with a calculated 11% cap rate estimated.

Your property is fairly destruction proof, costs near nothing to maintain, yet you can charge above market rents.If your property is nicer (class B) where the carpet alone might be $6k or more to replace when the tenant spills hair dye everywhere, you won't be as happy as in the situation above.  

My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.

okc market is at historic lows for leasing(especially September) it has picked up some in Oct.