However in OKC area banks are more into 10 year term (majority I spoke to ) but property will have to be in Oklahoma. 

Quote from @Michelle Fenn: Is it just my location or are a  great majority of rental listings on Facebook Scams.   

I know I'll have to do major screening but seems to be very successful/passive as someone who at one time had 200 section 8 SFR rentals.. there is a lot of miss information about the program..

Major issues are lack of parking, lack of elevators, leading to numerous unlived in units.  

Depending on the construction, you have to do major upgrades on electric, plan for plumbing for apartments which may not be permitted in the area for the sewer or septic.

If you don't foresee any major obstacles to qualification, I'd be happy to set up a viewing for you.

Yes I do understand a majority of people don't think its a good strategy mainly because of the turnover, the risk, the lack of equity. 

@Harrison Jones  One of the major flaws in your perspective is that it is focused on cheap rent (driving rents down) not affordable housing.

And if all houses have not been fully rehabbed (we do fulls on every buy), some expected number for capital expenses should be included in that (IE if you have 3 years left on your roof you need to be deducting $X from that figure, repeat ad nauseum for all major capex).

Some who are major players doing big stuff.