,RealtyTrac data is typically very stale, or was last time I used them a while back.

I was about 5 days from closing on my first place (an up/down duplex + cottage)...when the lenders (a typical residential / investment lender) said he would not fund the transaction...because the appraisal came back saying that it was a "raised mobile home" - and they don't fund mobile homes.It wasn't obvious that this was a mobile home by sight - apparently it was just the foundation of the mobile home that was used and then was re-finished (new siding, new roof, etc).  

You can't tear sheetrock out of a home while in contract (typically), but you can sure as hell give that dog a chance to smell around and see if it detects anything. 

You just typically try a little harder.  

Those ASU college kids you're going to be looking to rent for will do damage to your place, and they typically turn over every year, so that will eat into your cash flow.

@Robbie Reutzel I mean no ill will towards you, with you regarding House Hacking, but you are speaking as a typical Realtor.

My questions are is, (a) is anyone familiar with the Tulsa area REIA (b) is this typical for the Tulsa area REIA and (c) if this is typical, is there another REIA that serves Tulsa?

Are you just spending way too much money on non-essentials and fanciful desires?

Therefore, it seems that the sellers are already essentially paying for it by selling at a big discount, and having the buyer pay off the lien.

ALL RE is cyclic and Calif is typically an 8-9 cycle, especially in the most desirable areas like SF Bay area, Orange County.  2008 was a major down turn due to the mortgage industry collapse, not true property values.