In fact my friend has an off market Triplex in Pompano and another north Ft Lauderdale he has considered selling.

Hi Ashwin,I do not personally know about this area, but I can give you some insight on how to go about finding out: Investing in properties near I-44 around 63rd and Kelley in Oklahoma City requires careful consideration of neighborhood dynamics, rental demand, and property condition.

The location and high rent demands keep investor buyers interested in the market. 

Leveraging Matt's local market knowledge, we secured the property for $28,000.

But you can't have enough solid contractors in your back pocket in this market, so I think that's very smart having some backup options to compare quotes so you're not stuck using the PM's guys and their 10-20% mark ups all the time!

You're stacking risk factors - first deal, partnership, no existing revenue source, and making an off market purchase for the first time.

Study the market.

What was the condition of the property?

I am extremely familiar with the Birmingham, AL market.

It is a strong STR market.