You may look at areas of Tulsa county that are growing and have new construction like Owasso or near the Rose District in Broken Arrow.

Additionally, it would be greatly appreciated if you could share addendum to include in the lease regarding the ESA animal.The building has carpeting all over and we have a no pet policy.

Anything that is almost guaranteed to be used daily in your rentals (i.e. couches, bed, chairs), I'd try to invest in as much quality as you can for those specific items.Some store sites will let you filter for "contract grade" or "commercial grade" items - these are the sorts of furnishing that get put into higher-use commercial applications such as hotel lobbies, apartment building amenity spaces, etc. 

I have lived in the property for more than 3 years and we have been the only occupants in the home since it was built.The potential cashflow isn't the best but our primary goals were to build up the equity in the home to be able to potentially purchase other properties in the future with the chance that we may return to the house in the future.The property is in the Castle Hills area in the northern side of DFW which for those who don't know is generally a neighborhood with higher income tenants. 1. 

JustinWith 500K cash, I would use most of it for one building if you can find a good cash-flowing one and the rest can be kept as reserves and/or private money lending.

Build a Financial FoundationImprove Your Credit Score: A good credit score helps in obtaining favorable financing terms.Save for a Down Payment: Start saving for a down payment on your first property.

If you start with some buy and holds, test out some GC's on maintenance / small work then you can start building a relationship with someone and eventually get full blown BRRRR's / Flips going.

Quote from @Brooke Roundy: I have a four unit building in Cleveland, one unit is an STR listed on Airbnb and the rest are LTRs.

PM's I have vetted so far: Solid Rock (Tina) said they do not accept properties build before 2000 at this time. 

We have a property in Grand County Colorado that we have a month-to-month lease to a local who has not paid in 4 months.