Price range from 191,800 - 309,000.

About 1/2 of my rentals are in between Lubbock and Amarillo and I have zero issues keeping them occupied.  30K is a steep remodel in that price range. 

Everyday I've been gathering on zoom with a few people that range from zero-2 investment properties.I'm trying to continue to stay active and educated in real estate!

The worst part of these is when the appraised value is represented as a single price, instead of a range of value, as is the case in a mortgage appraisal.

The land is not doing anything useful, so I have been considering a microfarm with produce that will give a quick turn around in the 3-6 month range.

My scenarios with the deal analyzer show a price range of $649k (10 CAP) to $812k (8 CAP) and that's using current rent w/ what my expenses would be. 

I'm currently analyzing deals in the San Diego area right now, in the $750k-$1.3m range.

You can pick up SFH distressed around 40k, mid-range for 60k, and perfectly rehabbed for 100k.

Obviously a broad range, but the details are broad so the number is too. 

BTW, I know a lot of people on here would not think that $2,500 per month would get a quick renter, but this is Brooklyn.Within 6 days of ads, I got 40 inquires, 5 applicants and I took the best one which was a YOUNG couple that made $200k combined income plus had $200k in savings or an IRA.I don't really have experience with a higher priced apt like yours around the $5k range, but maybe my rental is annedotal.It seems to me that there are a lot of people who are considering low density buildings like ours to be highly desireable because of the Pandemic.It makes sense because you can pretty much isolate yourself and you don't have to go into an elevator, potentially breathing in someone's germs who may have just sneezed or coughed while you are within 6 feet of each other.For the Garden Apt, it's exceptional to have at this time of year as well.