It seems like this is about the range of the price.

Here's a summary of the reasons: With inflation now in the 2% range, the Fed needs to lower interest rates from their current "restrictive level" (Powell's words) to prevent a recession.

Only a reliable tenant matters.Rent range - What the segment is willing and able to pay.Configuration - Two bedrooms, three-car garage, large back yard, single-story, two stories?

Usually your reserves for those categories will range from 25-30%, although maintenance & capex should initially be minimal since the home is new.

RoofstockRoofstock allows you to browse a wide range of rental properties for free, providing a valuable resource for finding turnkey investments.

Under the moon's pale glow we meet,An accord struck without the street.No lender's gaze upon our pact,Just two souls bound by what we act.An owner aids the buyer's quest,What funding source is thus expressed?"

Yes you can still find some properties in that price range.

A 3 bedroom in Stamford can range from $2200 - over $3k. 

Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

Price ranges from $100 for a 1 and $25 for a 5.