Very enthusiastic about getting into RE as a wealth builder but I know that I have much to learn about the process.

Let me know if you guys have any ideas or input, I'm open to learning everything that I can.

For further context, the borrower would be able to comfortably afford the mortgage with the rental income but not without it completely.I understand that potential rental income from the property may be considered for a loan amount, but I’m not sure how potential income affects the liquid amount that lenders want to see when issuing a loan.

I don't know that for sure and would call Schwab or a bank that has trust accounts and a banker will be able to assist with that. 

I am an aspiring real estate investor wanting to connect and learn.

I am not sure if that is true.I would concentrate on adverting the property so you can get more applications. 

Surely there are people prospering during this market cycle.

And if you try to sell it with an old roof, chances are the buyer will want you to give credit or change it.Please make sure these numbers, insurance, tax, rents are actuals.The electrical may have aluminum wiring, which may need to be updated, and some plumbing means none has been done.The value would be can you increase rents when they come due?

If you are investing in flips make sure the scope of work you come up with during your inspection period prior to closing is taking into consideration town building codes.

There are some new regulations on wholesaling in Oklahoma so check those out for sure.