I understand it varies by jurisdiction of course, but..  

Flipping is not the best thing to start with unless you understand contracting and know the area very well.

Granted, I jumped in ignorantly, not fully understanding the pro-formas, just looked at their track record.  

Thanks for the additional info on bank requirements, I understand they're picky over there.

I understand that you're not happy with that answer, but that is my only answer and it is my final answer.

Ernest,Besides all the real estate/property/transactional tips above; you need to understand that running a short term rental is running a business. 

I would love to connect you with my broker who is also an investor in Oklahoma City and hop on the phone with you as well to help pinpoint concerns you may have and provide more clarifying information if you're interested- I do also understand if you have a lot of agents in your inbox or one's you're comfortable with already so this is no pressure at all!

You could buy in a popular area where STRs are to make a solid return, but what is the long-term value of that area?

I thought you would understand that Josh, since you went through a serious illness. 

I understand an affidavit stating "I intend to occupy..." must be signed in order to obtain approval.