It is unfair, and unrealistic, to believe that a residential agent will automatically understand and be able to find the kind of properties that will satisfy both you and your partners.  

Although somewhat unrealistic, I told you I would buy a 3 bed/2 bath SFH from you for 95K.

Play with your levers and reduce and audit all costs and increase income - but do it every year till the market tells you you are "there".And no disrespect to Carole G, but I hear this all the time - "I have to get this return or that return" - don't listen to that - lots of people who say this never do a deal because their expectations are rigid and/or unrealistic.

This number is unrealistic.

From what I can tell he is over valuing the property based on a unrealistically low operating expense.

It would be unrealistic to think a lender will discount their payoff to make your math work.

If not, then I can certainly do the math after they send me the results of my price range, but I wasn't sure if I was being unrealistic to want a realtor who would be willing to help me find that subset of houses.

You may also be interested in reaching out one of their brokers to discuss market conditions and obtain guidance on building out your plan.To get started with your analysis, compare the income presented in the marketing materials to market rents in the area using rentometer.com, apply the 50% rule as a rough estimate of operating expenses (ignore the figures in the marketing materials, they are typically unrealistically low), calculate the NOI for the property, lookup the prevailing cap rate in the area to determine property value and determine your debt service cost by estimating the size, terms and interest rate for your loan.  

If they are unrealistic and not coming off much I will leave it alone for awhile and see if they become motivated.Now if this is already a killer deal then of course paying asking or over might still be okay to do.

People are starting to look in other areas in the greater Indianapolis area as house prices in some of the hotter areas to flip are becoming unrealistic.