But if the team is experienced in real estate investing/development and tech-functionality -- in essence knows what they're doing, has a proven track record of generating returns for investors on a range of projects, and is capable of doing robust diligence on real estate companies -- then you ought to be in good hands.

@Jake Thomas @Mohit Madaan   I also forgot to add that time isnt really on my side. so waiting a few months to balance my DTI to be capable of loan approval may not be one of my options.

I think it would be beneficial to have both personal finances and business finances tracked in the same platform, but I am not so sure that this is common, or even what software is capable of this.I currently use Mint for personal finances and I do not think it has the ability to track business financials.How do you folks handle this?

Anyway, I proposed that I buy the house quickly, and that we can have a local title agent or lawyer draft up the terms, and do the closing in a "proper" fashion, which tells the owner that I am doing this in a legal venue and with appropriate players.  

Or, if you have a real estate agent friend, buy them lunch and ask them to build a comp for you.With the loan, what I did was call about a dozen banks, both small local ones and the big players like BoA, Key, Wells Fargo and just compared rates for NOO (non-owner-occupied) loans.

I am capable of heavier work too but I have already come to find with the first flip you don't want to jump into too much work and get stuck. 

Don't know if Tulsa has the same capability but you'll learn a lot trying to find out.

In a cold market, you need someone with the capabilities to get it advertised, continually advertise it, do creative advertising, and get you an offer...Once you get a house under contract, then you still need a Realtor with experience or know how to get the sale to completion...

Most groups are single family focused, so you'll have to network and talk to a bunch of people in your area to find out who the players are in the multi family arena.

These will be the platforms that offer the ability for the better players in the industry to brand on their own instead of being one label at their store.