I know there are some amazing opportunities in both of these markets but if I was leaning toward one right now from what we have available I would go with OKC, looking closely at tax rates. 

The last deal I did like this, I bought a $145K home with about $10,000 out of pocket for repairs & closing costs

I would think this model works best if the property is close to you.

Rent growth has a larger impact on long term cash flow then initial cash flow.I am confident that on a 10 year hold, the higher cost market BRRRR in most markets will out perform the lower cost market BRRRR. 

Distributions don’t start until 6 months after the last property of the fund is closed on. 

The digging out has priced out much lower than we thought initially, so we’re using the additional money for an overhead sewer (the only flooding we’ve had in the 13 years we’ve lived here has been sewer back up).

Our median price home is much lower than Austin.

Hey, I’m not an investor, but some unexpected costs to consider are closing costs, agent commissions, and most importantly, taxes.

A reason in all markets to potential keep at this time is that you may have significantly lower interest rates if the purchase was done no later than q1 of 2022.  

- If the 5% do say they'll sell a must in this business they have to also agree to MOVE OUT PRIOR TO YOUR CLOSING DATE.