I work with the 1-9 unit range so having 10 would fall outside my options and it would be harder for me to source/qualify my clients.

Rates are a bit higher than conventional but if you're talking to the right people and have a strong credit score then you should be getting priced out in the mid 5% range which shouldn't eliminate cash flow on a great deal.

What price range are you looking at, out if curiosity? 

This could range anywhere from full on online systems/dashboards to as simple as electronic door locks.

@Jason From rentometer, and also if you look at a few small multi units in the neighborhood, they're going $1500/$1600 range.

I’m sure in the 3-5 year range it can be rented out as a 1 bedroom or something.

Craigslist has a few for rent in the 1-1.5% range. 

As far as the range goes, I would say 10% - 20% down, 9.5% - 13% rate, 2% - 4% origination fee on a 12 - 24 month loan term. 

Like literally in most of the nation you could not buy the dirt/land for the price he is requesting for the RE.So lets say that his $15K duplex (I believe that is the price of the duplex he emailed me this weekend (again fully disclosing condition and the type of location - no slam to James Wise he seems to be very up front (with full disclosure) about the risks - just using his price range of properties as an example)). 

They all seem to charge points ranging from 1-4.