First person I hired, I also had them write their own job procedures and so on.

Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

They can't do their job right.

I have done BRRRRs in Milwaukee for a decade+ and if I am not on the job 2-3 times a week, things go sub-optimal.

Client rents that house and makes 1k monthly profit, plus has a really good paying job.

Few of us are full-time hosts, instead we have day-jobs.

Good with Their CrewOn bigger jobs, a contractor is basically the team captain.

💹*Reminder- The Pearl Development is predicted to create over 11,000 jobs in Mecklenburg County within the next 10 years & will be both a medical education institution and an international headquarters. 

We live in California at the moment and I have W2 job and my wife a small online business.