Ok, so basically if you have your 25% downpayment you can just go buy any property off the MLS.  

Lawton definitely has its reputation, and you're right about the single-industry concern and the high crime perception, which makes it counterintuitive for many investors.

All North DFW has the highest appreciation while South DFW will be giving you the better cash flow.If this is your first rodeo, then I would suggest to be close home if you are also planning to self-manage.Then the age of the properties and access to highways.

If so, you don't want to be in D areas.

Currently finishing up a house hack and am going to be transitioning to building my rental portfolio.

Finding a real estate agent focused on investors would be a great place to start. 

I own a couple rentals in the area that I am looking to refinance.

Purchase price: $25,500 Cash invested: $10,000 Sale price: $69,900Quick Fix & Flip.Property was completely deserted & the family was indecisive about their plans for the home after a recent passing.

Also, what would you recommend about getting a property to fix and flip or rent?

If real estate is a long-term journey for you, go for it.