Fantastic detail, @Ahmad Hijazi.

As for brick houses, they certainly can be cheaper when it comes to renovations since in many cases, all you have to do is pressure wash and fix a few boards or siding pieces on the soffit and facia.With all that said, you probably want to find a contractor or two or three that are willing to look at some potential flips and give you some prices as well as some guidelines on estimating the renovation costs on other houses.

@Tony Velez15% down is required for a SFR investment and 25% down for a MFR investment - up to 10 mortgaged properties are the most recent conventional guidelines for purchases.

Fantastic!

The Emory area is fantastic and gives you the option to be in some great local areas.  

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

I look forward to the future and what can be accomplished.There are so many opportunities and I hope anyone waiting to start investing will jump on them.I do not even consider myself an investor because I do not have very much experience but it is a fantastic experience.It seems like a whirlwind at times.We have rented our top apartment in the duplex just a few weeks ago.Right now my goals are small but achievable.

Each lender has their own guidelines for the Physician Mortgage loan as these are portfolio loans.

I truly feel that the Oklahoma City area is a fantastic place to live as well as invest.

Hi @Jorge Vazquez,Your job is to find a local mortgage gal or guy that knows a particular niche guideline, and that keeps up on the latest guideline changes!