But, if you want to get an idea, you should find similar 5-unit sales and derive a cap rate for the market, estimate your projected NOI, and derive your estimated value range.

The vast majority of the population, anywhere in the world, prefers the instant dopamine hit to the slow morphine drip.

Wells Fargo is in the 50k range & I have seen MB Financial loan on $30k properties for our clients before.

Units have recently been selling in $900-$950k range. 

Why not put the vast majority into something secure, and take say 50 and do your first deal together?

Nicholas correctly pointed this out, that the ARV range is way too ambiguous and that is something you would really need to narrow down when trying to make correct estimates.  

Asset class, price range, neighborhood type, cash flow/appreciation, whether you want a rental portfolio or get into rehabs...It's easier to start from the goals and work backwards.

The 25% debt allocation range must be among the highest in the last 10-12 years.  

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

You inspect, you may need to negotiate repairs or price changes based on your findings, the bank appraises it to ensure they can underwrite the loan, then you close.If you find yourself anxiously waiting, you can do what the vast majority of investors never do: educate yourself on how to manage a rental.