You can't beat the price, either, or the interest rate on deposits.

Vacancy/Turnover is VERY costly, so I price my rentals to meet or exceed my budgeted Vacancy rate. 

You might’ve rate-shopped a bit early, but it’s not a deal-breaker.

Come up with terms (Down Payment, Interest Rate, and Amortization Schedule) such as a 5% Down Payment, a 6% Interest Rate, and 30 Year Amortization Schedule.

With those kinds of rents ($5,800 between the 2), even with a 9% cap rate, in my opinion those properties should collectively appraise for nearly $500k.

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

Cash out: $55,000All money out plus roughly $3,500 in pocket.... principal and interest $767/monthCash flow estimated at roughly: $200/monthMy plan would be to refi around year 4 or so before the adjustable rate kicks in.

It will tell you how much loan you can access and the interest rate. 

They offer free pre-qualification on their website where you can enter your data points to see available terms and rates.

Statistically, the CPA exam has had a pass rate of 45-55% and the BAR exam has had a pass rate of 40-75%.About Enrolled Agents (EAs):An Enrolled Agent (EA) is a tax expert licensed by the IRS.