You should always conduct thorough diligence which means both physical inspection as well as zoning/land use confirmation, permitting history and a deep dive into the GC and subs.

Moreover, this affordability factor positions Oklahoma as a prime destination for first-time investors and those seeking to expand their real estate holdings.1031 Exchange Advantage:Investors who already own properties in other states can benefit from the ease of conducting a 1031 exchange into the Oklahoma real estate market.

Alternatively, couldn't I just conduct an annual termite inspection and then treat it if necessary?

Here are the most common: Transportation ServicesDaily CleaningConcierge ServicesProviding Food & Beverage (Bed & Breakfast style)Conducting tours and other outings & eventsSo, what can you provide without triggering self-employment taxes? 

I would go closer to 10% if you will be conducting 2-4 inspections a year, full marketing, handling all maintenance, handling insurance compliance, and all of the other things that come with managing a property.

The North East side has a larger military presence due to military bases, which can lead to a consistent demand for rentals.It's recommended to conduct thorough market research, analyze the local rental demand, vacancy rates, rental rates, and property appreciation trends.I would be happy to assist you with this.

If your property is well taken care of, you conduct yourself in a professional manner, and it is fairly priced you will lease to a well qualified applicant.  

I have a few years and a few short sale transactions under my belt all conducting in Massachusetts.

Conduct interviews to find enthusiastic applicants.

After conducting some more research I may have a better understanding of why the property is priced so low.