One good startegy is to BRRR (or better BRRARR) a property - the financial sustainability of the approach over the life cycle of the investment is usually not pointed out sufficiently - a fully improved property will yield higher rent and require little money for repairs and maintennace in the first 10-20 years.

And what range?

I'm not familiar with Cardone so won't comment on it.As other posters have mentioned, there's a wide range of possibilities depending on the business models of the sponsors.

You can list and sell the house for 6%, or be the buyer and submit an offer at the lowest end of the neighborhood price range.  

I'm in Arizona I buy 150K homes and under which sell quicker than the 200k and 300k price ranges.

Long term on a SFH expenses will be in the 50% range.

It was a duplex in a decent neighborhood, $80k range  that will rent for about 1100 and 800.

Say it converts on 10/1, is it sufficient to use redfin and zillow as an estimate? 

And then different markets offer different turnkey price ranges too.Feel free to shoot me a message either on here or at my email below and let me know what kinds of things you're interested in and I'm happy to make some recommendations!

Establish your target criteria, price range, age of property, rehab/light rehab/turnkey, neighborhood, exit strategy....Research Asset Protection and get started on the right foot.