This includes but business and personal filing and I’m curious if this is high, low, or right in line with what others are seeing.

For low income (especially multifamily) I would recommend that the landlord take care of all maintenance.  

Especially since on a 1-4 unit property you can get low down payments, 3.5-5% down.

I always recomend clients against low class out of state deals as it often just doesn't work well.

When the tenant leaves or there is an eviction, you will be stuck footing all the bills with a low likelihood of recovering it.

You might not get as much cash flow with that equity as you would get if you sold and put it into say an apartment building, but with the low mortgage rate you are likely getting some pretty good principle paydown each month and it's in an area that will see good appreciation/rent growth long term. 

If you start in an affordable Sunbelt city like Birmingham or Montgomery, for example, you can acquire a turnkey rental in a B or C neighborhood for around $120,000.

Does seem fairly reasonable 🤔 went high on the Reno estimate and maintenance costs ect and low on the rental amounts.. so hopefully it will work out better.. 

Renters see that the whole neighborhood is available for rent and they push to see who will give them the best deal (or which agent will cut them a deal). 

I'm not in that market but I would recommend finding off-market deals, targeting distressed properties, or focusing on smaller multifamily units in less competitive neighborhoods.