It could be the rehab they did was the right thing for the property and one that might get you more rent.

Team of people watching notifications and contacting guests and if necessary going out to property to address issues.

Many real estate investors opt for a fix-and-flip loan because they’re relatively easy to obtain: no personal income verification (no DTI requirements), and you can often borrow up to 90% of the purchase price and 100% of the rehab costs.

@Van Lam - I think your plan to finish rehab and then rent them out a higher market rents makes sense to do first.

I am looking to partner with a close friend of mine (we've worked together many times before with both of us in various roles) to primarily do rehabs for LTR and/or resale.

If a prop is 250k and you can refi at 70% LTV you want to get it at 175k minus rehab costs.

Quote from @Chris Garnes: Sounds like you need the money for rehab? 

I've heard of people doing this, but you need to be rehabbing it enough to make it higher value so ideally you need to be purchasing something that needs some rehab so that you can increase the equity because otherwise you're not gonna have enough equity to pull out

Oklahoma has a thriving network you can tap into.Partner with Local Agents: A knowledgeable Oklahoma-based agent can help you find properties in desirable locations.Look for Value-Add Opportunities: Cosmetic rehabs can boost equity and cash flow while keeping your initial costs low.If you want insights on a specific area in Oklahoma or tips on connecting with local wholesalers and investors, let me know!

Based on your first fix/flip, it sounds as if you don't have any issues doing moderate rehab.