I would guess the ARV on the house is in the $45-65k range.  

Neiboring values range anywhere from teens to high twenties.

This case is concerned with equipment leases, personal property not real property under Uniform Lawhttp://www.irs.gov/irb/2014-8_IRB/ar04.html Covers partnership liability with respect to disguised sales, you can also see the interpretation and reasoning as applicable to any buyer/entity. http://www.ccim.com/cire-magazine/articles/lease-o...Brian, IMO, 1 & 2 above are not applicable, this is a Master Lease of an apartment complex, there is no fair market rent that a Realtor (generally) can identify, there is no "market". #3.

What type of houses, and what types of ranges should I look for?

(I think I could get this down to $4550)Advertising: 250Appliances:  1000Lawn and Grounds:  1800Miscellaneous: 500The other questions about this property that I have concerns about are that there are repairs that need to be done and I estimate the repairs to be in the range of $50000.  

I would carefully review what the compliance issues are for the balance of the term with respect to the operations.  

Most of my business is with buyers and sellers of primary resident homes.The company I work for is family owned and locally respected.

Home prices will always fall into a range, rather than a fixed value.

Here are exemptions to Due on Sale(d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

@Jason Jones I am not a wholesaler but you may want to post what you are looking for. 3-2 or 3-1, rental or flip, as well as what area and price range.