The bigger the property, the different the agent on the commercial side.Multifamily in the 10-30 door range 

In my market I think $2,000-2,500 might be the range I would use but your market may differ. 2.

The range of IRR's syndication/crowdfunding deals is much wider than just 15-18%.

Also pricing tends to be in the $250k+ range for SFHs, so cash flow may be difficult depending on how one is financing the deal.

If I had it to do again, I would press him for a range, but hindsight 20/20.

What price range do you want to be in?  

@JD Martin the biggest issues have been related to furnaces, hot water, a missed clean, and broken hot tub. generous refunds have ranged from 25-100%, it really just depends on variables like nightly rate, guest demeanor, impact on their stay, etc. 

I was thinking the house would rent for 1200-1350 but it seems now the range is 1000-1200 with 1200 being the highest for the area so may be hard to get.

Many Of these properties are in the 1000-1400 Sqft range.

We have mostly 2-4 unit buildings compared to the larger stuff but that 5-50 range can be a good space to find deals in.