Also, do most of them rent by the room and have their parents cosign on the lease? 

We bought on foreclosure from a bank. not much negotiating because it was an auction.

I'm on the hunt for a great CPA in the Oklahoma City area.

We’re being funny because there's still a bit of nuance here.There are strict guidelines and it's sometimes a blurry line between being an RE pro vs not.

Can anyone provide insight on the Tiny House trend going on?

I noticed that a lot of insurance companies are starting to drop multi-family are home in Texas What's some good commercial insurance for rental properties that will take on the state of Texas

Services you cannot shop for seem high ($800/appraisal - is this a rural area)? 

Kids are hard on houses. 

And, that is in a nice neighborhood where you can get $1100/mo for a 1 bedroom.Here it is: $50,000 rental income less CapX and Operating Costs @30% (don't forget you own 16-20 appliances that nowadays last maybe 5 years and can't be repaired) . . . =$35000 for debt service and return on downpayment.

Find a neighborhood you like, find a house you like, buy it, and hold it.Focus on learning to analyze individual properties.