Some markets are easier to determine what part of the cycle they are in, but others are a bit more challenging.Usually, you're on to something if you can find markets that look promising but aren't in the lime light yet (e.g. they aren't known by everyone).  

Location : SW 77 pl, Oklahoma city, ok Purchase price 56KList price 109KRehab Total  22K (6 weeks)Roof    5000Granite  1300Appliances  750Labor    5200Wood Floors  1900Carpet    800Faucets/lights   800Paint Tile 1000Water Tank   500Pluming   900Dumpster   400Other/Misc  3300

And that you'll let them out of the lease to do so.Then point out to that the dog biting incident is going to come to light if an eviction does have to occur and it has to come to court.

It shed some light on properties I already had that I plugged in there.

.- I originally purchased this with intent to rent, light rehab, and I don't have "full flip" experience.How would the seasoned investors here approach this?

If you want up and coming, maybe check out areas near the new light rail stations that aren't built yet.Hopefully that helps a bit.Jeff

@Marco Santarelli @Ali Boone thought I'd ask your thoughts in light of Jays post?

@Abigail Timbol You wouldn’t get very far on a journey if you sat in the driveway waiting for all the lights in town to turn green.

If it doesn't, load up the belt sander with 100-grit,  sand the problem area again enough to take off the poly, stain the wood lightly with an oak stain (usually the best stuff for faux-aging oak will be marked "golden oak"), and poly it up again.

You can add lighting to them too.