This will now make it much easier for agents and brokers to share and maintain information so cap rates in the area will become more transparent to realtors.As of right now your best bet on getting cap rates for particular property types is by contacting commercial brokers or commercial lenders.

@Manni Jay If it's turnkey, I'd pay $130k based on the numbers, if it's in a C+ or better neighborhood.

A C or C- area.Numbers:Total gross rent is $700 / month...

But what if property "A" is in a highly desirable, A or B neighborhood, and property "B" is in a C- or D type neighborhood?

It's safe to bet on 20% of the loan, plus 25% of the rehab costs, plus money for holding the property.

Now, the owner knew it was a crappy leaky A/C or I knew I was a probable walking stroke, different stories.

Most investors typically try to stay out of C or less neighborhoods (Cs are possible...just depends on what a C means for a particular market).

Next, your best bet on a SFR package is with a local bank as opposed to one of the larger national ones.

I would think there would be tons of potential there. 

IMO - If someone is looking to park some money right now I would bet on Englewood, Brookside, Springdale, and Windsor Park.