Also, few calculations take into account the potential reinvestment of the money earned from the real estate What other access to money do you have?

If the property can cash flow or has potentials for appreciation, it would be a good idea to do a cash out refinance and move on to the next property. 

Like most professions, its as "practice."  

If you are interested in exploring potential partnerships or discussing investment opportunities in the commercial real estate sector, I would be delighted to connect with you. 

With a Gross Rental Income (GRI) of around 60k, it's no surprise that similar condos in the area have the potential for a healthy return on investment.

With its growing economy, diverse neighborhoods, and affordable housing market, there's plenty of potential for success.Feel free to reach out if you have any specific questions or if you'd like to chat more about real estate investing in Tulsa.

@Gurjot Grewal I don't know about your market but getting someone out to a property for a job that's less than $1,000 is impossible practically everywhere else.  

My mom does an amazing job on staging and I see our potential on how we can bring massive saving and values to investors that want to connect. 

Instead, prioritize enhancements to the key areas of the home that significantly impact its value, such as the bathrooms, kitchen, and opening up the floor plan, as discussed earlier in this thread.Understanding your market and the preferences of potential buyers is crucial.

While I can't provide specific financial advice, let's delve into thoughts on the parking situation and potential tenants.