I know short sales and REOs are supposed to be much more difficult with 203k loans from what I have read. 

@Mark Spidellfrom podcast 156 fame is active in Tulsa, you might want to reach out to him.I would think that you would have a difficult time getting funding from a traditional bank since you just lost your W2 income, but your wife should be able to qualify on her own to get you started.

But the process isn't difficult.

Building the detached garage and getting things approved have been somewhat difficult.

Without experience it can be difficult though.  

My business isn't agency so I don't really care but it is very difficult to be an agent in this market.

When you're self employed it's WAY more difficult to get a loan approved and I think you have to prove income as being self employed for 2 years.

@Walker Seid@Brad McBride@Leo KhmelnikerI was kind of afraid that it would be difficult to get the kind of rents Im looking for in your areas, from what I've found looks like Boise, SLC, and Nashville have been up and coming for a little while now but still seem attractive from future economic outlook.

It's a good problem to have, but... it makes choosing a location difficult!

Multifamily conversions all have the same cons: electrical and gas workings and meters are difficult to maintain.