Way to enter real estate investing.

@Jordan BrownWith $50,000 saved and no debt, you have a strong starting position for real estate investing.

Real estate is slower to get into so I would first look to switch job wise and see if you can get a a higher paying attorney job.

Considering the OKC market's rental income potential and the favorable economic and real estate trends in Oklahoma City, it represents a promising investment opportunity for real estate investors seeking stable returns and potential appreciation. 

With 34 years of real estate investing experience, I’ve been involved in everything from owning rental properties to flipping.

I am kind of new to real estate investing as I got lucky the first two times but now I am looking to invest quite a bit more money and I am slightly terrified. 

Why have you decided on multifamily versus other real estate strategies?

However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.

Trying my hand at  Real Estate Wholesaling and Investing.Tips, Advice, Mentorship all welcome!

Have run across this issue several times when getting referrals from other real estate investors.