Just like how Johnson & Johnson or Coca-Cola send you quarterly dividend checks, your tenants are sending you monthly "dividends" in the form of rent.

I recommend checking Real Estate Events & Meetups here on BP as well!

Therefore, I want to let the community here know about a residential contractor I would never recommend.Let me start by saying I did my homework...checked him out thoroughly. 

If you contractor has a question about what tile is installed where, just check the design boards.

Lastly, check any shared doors or gaps and add door sweeps or weatherstripping to block sound from traveling between the units. 

I hire local professionals for inspections and cleaning, but even then, I’ve run into issues where things were missed because I wasn’t physically there.3.Tools: I use software like Tenant Cloud for rent collection and maintenance tracking, but no tool can replace having someone who can physically check on properties.

It has to be an addition.I would double check because maybe the workaround is reinforcing the garage and building above it.We lived in our studio ADU for two years before we moved into the main house.Best thing to do is talk to an experienced lender.

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.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

My friend @Miller McSwain has a ton of knowledge on Co-Living if you want to check out his stuff on how it works in CO