For that low of a price point, you need to start by getting a great deal, then put in the least amount of work to make it desirable.

Based on the responses I am getting, it is safe to say I am now leaning more towards a house outside of an HOA community in a desirable vacation area for STR purposes.Most of my funding to start will more than likely be lender financed.

If your desire to go out of state into other markets, just get your team refined because dealing with value-add MF without a pulse on contractors, timelines and connections is a nightmare that just costs you. 

Maybe you need to work in a full time job for a while to realize what your real desire is.

Some rental pools are more desirable than others.

I'm confident you can find some good deals and make some outstanding connections.3. http://www.oklahomacounty.org/assessor/Spend some time searching property records in the County you desire.

.- In an inflated or ambiguous market, it's time to slow my rate of acquisitions, look at de-leveraging by selling less desirable properties and paying off my personal mortgage followed by my properties with the best long term rental prospects.4.

Explain that you are attempting to move in a decent renter, but if he discourages all of them, then you'll end up having to let some less desirable tenant move in.

(I think this is where you are) If sales proceeds fall short you bring certified funds check to closing for the shortfall.If you are selling a different property than the one with the HELOC and you get a "check" from the sale of the other property, you deposit your check and then pay off the HELOC if you desire.

It can be done sure, but it's rather unlikely that you'll get a desirable (read appreciating) area and it be on MLS.