and when their capital ran short would finance their “inventory”.  

In some submarkets, properties are moving very well and there is appreciation even in that price range.

The collateral that would be seized is the subject property.The Exit depends on price range, market, location. 

My comfortable price range would be between $500k-$1M.I know that under $1M, you probably won't find something new, climate-controlled, or in great condition, but is it true that there's almost nothing worth looking at in this $500k-$1M range?

Many areas of the country are experiencing an affordability crisis, and most have low inventory.

We are seeing annual cash flow ranges from 15k - 25k on some of our managed properties. 

usp=sharingCurrent Rent Long Term in 22302: $1800-$2200/moCurrent Rent Short Term AirBNB in 22302: $2000 - $3000/moCurrent Comparable properties at this price range (are condos with 500-$1100/mo condo fees)just some snapshots I took, not the professional photos.

We're seeing inventory for another primary in the $200-250k range. 

I have to explain to the the capital requirements to acquire an asset like that which would be 60k+.For projects under 100k purchase acquired at 80% leverage you can figure needing 25k - 30k in liquidity for all the costs of the life cycle of the project.If you start acquiring in that 150k range, that lifecycle can go to 40k/50k needed to make sure you can handle the down payment, closing costs, holding costs, any miscellaneous costs that pop up and then still have a cushion in the account cause you never wanna be down to you last dollar.One of the first questions I ask new clients is what kind of capital do they have behind them, because that number will determine market and asset class. 

If so, what is a common percentage range?