The units are all metered independently so I don't have to subtract anything from rents other than typical vacancy, cap x, monthly expense averages..etc. 

Typically there is a mgt fee for the CAMs that are included. 

Typically, there will be better cash flow with duplexes when compared to SFR's in Lubbock.

Landlords typically want more protection, not less. 

Since lenders have the risk that you default on the loan and property managers have their business at risk, they won't typically work with someone that doesn't have some level of experience or is working with another experienced partner.

You can typically find better deals on older structures and still get decent rent for them. 

Typical IRS rules are you can get a loan within a few percentage points of prime for the lessor of half the balance or $50K. 

I believe typical commercial leases are longer than just 1 year.

“Flat roof means an older property” means, while they used to flat roofs And pitched, they typically don’t build flat roofs anymore for SFR’s.

Based on what I have found online it seems like deposits in the state of Oklahoma are typically deposited into an escrow account that may or may not be interest bearing.