Purchased May 2023Rate 5.75%Rental Rate: Under PM with near 100% occupancy at $3,000 one side and $2,500 other side NOI Margin: (new metric for me) 43.57%Aiming for long term hold, it's a military and travel nurse town and the LTR rates support holding either way.

You want to also explore if your hospitals use travel nurses.  

I look at travel nurses and major professional hubs. 4.

I was thinking for medium monthly rentals like travel nurses this might be a great option.

i wanted to post a few photos about a flip we did ( i hope i can find more ) . it was a vacant home that the owners went to a nursing home and had not lived in it for about 5 years . things got pretty out of hand , we ended up with seven 30yd dumpsters of crap ; unfortunately i listened to stories from neighbors that it was filled with treasures , and i found 1 the first day :(  i found meat from 1978 in the basement freezer ; luckily the unit kept working !

The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

Tulsa is still a good market for corporate/medium term property, and I would argue that the proximity to downtown/midtown makes Hillcrest and Ascension/St John hospitals that nurses will come to Tulsa for, plus if you ever transition to STR's, the closer to downtown, the better. 

Yet another option, if you decide to specialize your STR in renting to traveling nurses and medical professionals, there is a huge medical area close to downtown and the Uptown area of downtown.

Far as needing the cash flow to fund your goals, consider your multi family properties capabilities for being mid term rentals to insurance relocation families or travel nurses.

We closed on the property in October, furnished it in November, listed it as an MTR in December, and rented it within ten days to a traveling nurse.