@Rahul Punj There are a number of reasons:-The OKC market is fundamentally strong and is still affordable: strong rental market, growing population, landlord friendly, diverse economy-Our asset management team is within driving distance of the property, so we will have constant oversight to ensure our business plan is being executed-OKC is still a hidden gem.

The key here is to focus on net-migration and job diversity.

Very diverse price ranges, some of the best schools in the country, and still very affordable compared to many other US markets.

Orlando is moving NW towards Clermont, SW away from Disney, SE towards Lake Nona.Rental markets are very diverse including service workers, Millenials, college students, traveling professionals and various immigrants.Multifamily properties are very hot but mostly at the investment level (200+ units).  

The bottom line it's a large, diverse market.

I am personally leaning more towards adding diversity with MF, STR’s & syndications, but perhaps OZ & DST have some value in a challenging buyer’s market?

I would recommend defining your goals and then evaluating 10 neighborhoods (population trend, price/rent ratio, job diversity, crime, government/development plans....etc). 

Chicago is a very big, very diverse place.

Obviously Austin has phenomenal metrics like population growth, job growth, job diversity, etc... 

The city boasts a diverse job market, and this is a high cap property without being in the hood.