@Greg Hammond If you decide the property is no longer worth holding on to and you decide to sell, in addition to the capital gains you want to consider depreciation recapture as well as any closing costs and commissions.

I think it depends on the market.. they approached me on a furnished rental I had in Vegas (Summerlin gated community A class)  We got basically double or a little more of the normal rent..

They're assigned locally by the AHJ, so it can vary from place to place.

In this specific case, as several pointed out, the risk has gone up and so the price should go down.BUT, there is so much more to consider.1) How long has the seller owner the property?

We have 3 deals under contract this month with 2 more in the works.

You can also have a high-yield savings account elsewhere, but a local bank relationship will really help you as you begin to grow.

@Jerry ZhangIt's a pretty impossible question to answer.

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Great tips!

Hi everyone, I am looking into buying a LTR property in OKC and was wondering if anyone has experience with section 8 in Oklahoma City?