Price softened a lot and i see a lot of inventories, you might want to start making some offers at 75-80% of listed price for properties listed over 90 days and close to your range .. 

You'd be surprised what a good deal you can score for a range with a dented side panel (that you won't be able to see once installed, and doesn't affect functionality).

Many seem to hover around the 5-7% range, but that is a broad generalization.  

If it ends up being more than we bargained for, we will look at professional property management and will take that into account when we look at the financials of the deal.There are opportunities to purchase a couple of different multifamily apartments ranging from 6-8 units, and of course there are a number of single family homes. 

@Evan PolaskiThanks Evan, this will be for something in the 10-30 range in Cincinnati.

Finding duplexes or any other multis in A or B Class neighborhoods is really touch at that price range. 

I told her the area/price range where I was Interested in and if she found something call me.

But the accounting concept is that these would fall into the "deminimus" range (noise level) category and be fine. 

The next closest comparable is 8 miles away and in a very different demographic/price range of properties (properties are significantly more expensive). 

I've been looking at houses in the 150K-180K price range and the numbers look like the average rent for the area the house are in would cover all the expensive and possible cash flow too.