Our total capital contributions over the 20 years would be about $2.6m.So my first question is, can you find businesses (like apartment buildings) in the $800k-$1m price range that cash flow $24k per year after debt service and > $120k per year after the debt is gone?

Since a 3/2 can differ in value from one neighborhood to the next, I'll give a range of value depending on upgrades and small differences.

Edit: PITI on the house can range from $600-1500.

Not sure if I am calculating those numbers correctly but the rental comps are within that price range.

I would not ever dream of doing this .especially in this price range

Wanting to do so, I created a team and we are sending properties ranging from 50+units all the way to 100+ to other syndicators for a fee.

One reason being the reasonable price range/low start-up cost and the other being tiny homes seem to be the new fad.

To compare the market rents against other similar properties, I could look at a map and find similar size apartment buildings in the area, and contact them to find the price range and configuration of their units to compare against... perhaps contact local property managers who might manage properties like this to see what they can share...

The items include cabinets, countertops, faucet/connections, backsplash, setting material for BS, Handles, Fridge, Range, Microhood, Dishwasher and Misc.For the example house I had a category budget of $7,300.00.5.) 

I hope that this part makes sense.You are certainly in a unique area of the country and if the buying demand for seniors in this area is high then by all means you may find a buyer that will quickly want to purchase the home for all-cash or potentially bank financing.