(You could be locked out......timing is very important).Some of the items in the file folder include;A skinny contract of sale...... this is a one page written in easy to understand language with only one out clause.A Hybrid contract of sale... a way to close more transactions by joint ventureA commercial contract of sale, 3 pages with special buyer requirements related to environmental conditions, existing suppliers, surveys, buried oil tanks and other conditions that must be known to make a profitable and safe transactionAn option agreementAn informational pocket pack with 52 options to financing and control a building without conventional financingBlank checks, pens, carbon paper, A list of referencesDisclosures for lead paint and other state or federal requirementsCell phone with camera to take pictures of the nice things and negative aspects of the property and to take a picture of the contract to email confirmation to seller and to your title company or lenderA gift, something for the seller to remember you by, I give Indian Head Nickels away, pens, note pads.Blank addendum forms  - these are used to attach to your purchase agreements (you don't want a lot of chicken scratching on your contracts; use them to write some of the following;1.

I agree with @Dan Oliver for College Park, Winter Park and Delaney Park.

Doug Minton - Keeping in mind that he acquired most of his properties in oil depressed Tulsa in the 1980's and1990's, he was simply looking for rents to be twice purchase price. 

Was the hot water running off the oil furnace?

Rent prices are going down due to the fall in oil prices.

Example-  I am in the oilfield, when oil went down, no work could be found. 

Large oil companies and a lot of medical growth are supporting great rental opportunities up here. 

Anadarko Moving to MidlandMIDLAND (Realty News Report) – Houston-based Anadarko Petroleum Corp. will build its regional headquarters in the 38-acre Westridge Commons mixed-use development.The company will be the first...

Yes it is actually in west Texas oil country where rent prices are about 800 for a 1 bedroom and can go up in to the 1000 during peak items. 

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