You're only as strong as your weakest link ... select your partners wisely. 

Build a strong team and take the jump.

I tend to be conservative, but I feel strongly that while you can always raise prices in the future, tenants who damage your asset or stop paying rent will be more costly in the long run. 

Long term appreciation here, however, does tend to be strong.2.

As more finished homes become available, expect demand to remain strong and help maintain a rapid pace of sales in 2021.Southern California Home Prices Jump 20% in April.

Cap rates are very low right now because appreciation has been strong (which drives up prices without corresponding cashflow) and interest rates are down (which increases buying power per $ spent).Going forward, rents will probably climb as the inefficiencies in the market catch up, interest rates climb, and a greater percentage of the population is unable to purchase homes. 

If you go this route make sure you have a strong lease and use parents/guardians as co-signors.

Build strong team relationships(property managers/contractors/lenders) and manage the managers when out of state.

I have strong data analytics skills and built a PowerBI dashboard to analyze the data.I was hoping to monetize this skill set by creating a newsletter and posting data insights regarding the Metro area.Is this legal/illegal/unclear?

I'm not sure which suburb of OKC you are looking in, but most of the 'burbs around here have really strong rental markets.