We are dependent on oil.

Repairs do not have to be recapture when you sell the house too.)16) Utilities17) Pre rental expenses ( expenses incurred before finding a tenant )18) If you use your Car: This can include- oil changes, maintenance, gas, repairs, parking, tolls, and depreciation.

Are you concerned that OKC job market seems heavily relying on oil industry? 

I realize construction workers are tough on housing, however isn't the goal to lease directly to an oil company and make them wholly responsible for the rent and damage?

Here is some tips for the rehab crews and organization.I had as many as 5 rehab crews that I payed them per day.each crew was made out of 3 people, one forman and 2 other works. so when he was at home depot the others would work. 4 people would be too much. and 2 is not enough.they had to finish the job and sweep the floor and leave before the painting crews would come.Than the Clean Crew would go and pick up all the  trash.Than One full time painter crew (that I sub-contracted) I did not find directly hieing painting crews would be worth-ed for me to pay them per day.Than when it was all done, I had one person to go through the house to finish all the miner details and do the walk through with the buyers.

They claim that the number was based on rents which range from 700-950 (mine rents for $850) and comps which are mainly wholesale numbers NOT retail numbers.

Yes there is a demand for short term rentals, and Airbnb type property especially with oil coming back some.

I currently live in a tiny town Grande Cache, Alberta where I manage an Environmental Contracting company working with First Nations, Oil, Gas, Forestry, Government and all the rest.My real estate experience is fresh at best but I am in a fantastic position to start with a nice piggy bank of life savings in the 10's of thousands, no debt, dual income with my partner and a fairly cheap rental situation at the moment.We have a wonderful opportunity with some land my partner was given on the Ontario, Quebec border aswell as some fantastic waterfront lots we have been looking to buy on West Coast Vancouver Island.

I might hold it a little longer to get some more equity, oil and gas are booming down there, so the values might rise some more.

I don't change my own oil, hem my own clothes, or make very good phad thai:) I pay people to do these things.