What strategies did you implement to enable you to retire?

I would however study up on "maturity risk" and financial history when players took long term bets with short term money.

If the applicants are straw applicants or non-existent then the remaining tenants might not meet the income requirement and/or you could end up with a situation where a straw applicant has enabled criminal elements to occupy the unit.Sally, Joe and Eric apply for your unit, they pass and you rent to them.Later you find out:Sally and Joe moved in with Bob.Eric isn't a real person, he is a made up person, a stole identity basically, provided to you to pass the application screening.andYou find out that Bob is setting up a meth lab in the basement of your unit.I don't think that's ok as long as the checks clear.

But right now I'm evaluating if it's possible to leverage the existing equity to enable flipping for a few years full time (and quit my job).

Baylor is strong and will continue to be a big player with both their undergrad university and law school, so I do think it can be a good market.

Ive already met alot of helpful members and I've found many of the players i need!

Right after I told my family about the deal, my dad reached out to me by surprise and told me he'd be willing to lend me the money to enable me to use a conventional loan.

Although oil is still a big player in OKC, there have been substantial increases in other industries like aviation, health care, tech startups, and entertainment that I think will help balance out the power. 

It is a good way to network and get to know real estate players in your area.

It's a strong testament to how valuable and special building something that enables others to give back and support one another really is.