Fine at the higher end, when it's comparable to other units, better make sure the rooms are square as the eye picks up the imperfections much quicker running an angle to an intersecting plane, especially in in an empty room. :)

I don't know much about the Oklahoma market but seems like it would be plenty stable and fine for cash flow, similar to most of the midwestern markets.

I think it's a fine loan as far as terms for an investment property.  25% down is a bit high and you might try to find something with 20% if cash is tight. 

I have a system that allows me to find deals no problem and the evaluation tool is fine but it doesn't give me anything that is great to present to investors etc... 

Had he treated the garage as just a place to park his car and maybe some light power drills that would have been fine.  

If you're comfortable with the cash flow and the deal, then the financials are fine. 

The purchase went fine and I'm quite happy with the property.

@Brandon Turner - thanks for the keyword suggestion - I spent lots of time fiddling around with them last night; it'll probably take some time fine-tuning to find the most applicable ones!

That's fine.  

Most of the big banks got hammered with lawsuits and fines...billions of $'s...over unfair, rubber stamped foreclosures.