The rents are in the lower range from $275-550.  6 of the units are vacant.  

Mine range between $600 and $900 a year.

Comes down to what you qualify on the purchase side.Some communities that could work in your range are Bristol and Levittown.

@Christine Kankowski, I know CA taxes are in range of 1% of purchase prices , in Texas it does not matter property is new or old... there is always around 2% tax of appraised value.

The thing is that most of the apartments in the building (with no renovation) of this size are sold for 285-300 range in the last 6 months (of course higher in 2006-2008), they are usually listed as 2 bedrooms, and the room downstairs is listed as dining room.

The only place you'll find a better resource is by going to your local building supplies store and filling in the numbers where the books have ranges.  

Faster down on the front range :-)

Mark has utilized his diverse background to facilitate and advise the launch of many successful business start-ups in fields ranging from multi-family housing to specialty food and apparel manufacturing.

So here is a sample scenario:$60,000 purchase price25% down = $15k, advanced from the line of credit$45k purchase money loan based upon the value of the homeThe loan rate for the purchase money would be around 5-5.25%, the line of credit rate would be in the 5.25%-5.50% range.

I have seen a few on LoopNet that have caps in the 7 range.