Check your local meet ups face book groups, and REIA groups. 

REI Nation manages 7,964 single-family rental homes in 13 U.S. markets, including Memphis, Dallas, Houston, Little Rock, Oklahoma City, and Birmingham. 

I was wondering if anyone out there is in the Lawton market and what you all think of it’s vibrancy.  

You've jumped into a very competitive market!

There could also be tax implications if the price is substantially under market value. 

There is actual potential to scale and develop a market position that beats stick built in modular, in my opinion this doesn't exist with container builds.

Unlike a SBLOC I mentioned above, the money you take out as a loan from a 401k is no longer invested in the stock (or bond) market.

There is a ton of saturation in the cbus market not only here on this platform but with investors in general, its a hot, competitive market, but that also means there are a huge number of garbage operators too, so do your due diligence on who you listen too, but again I can't say enough good things about tommy.  

But if there is ample room in the bedroom and you can take a single sink to double vanity, or add a dedicated water closet, or take a 3x3 shower into a 3x5 or larger, making the bathroom more luxurious, than I could see a good ROI on that.While the area may be very nice, the price point you are talking (and I don't know the specific market) is borderline starter home prices.  

From asking around the community, it is difficult to find cash flow under the current market conditions.