Do you have price range in mind?  

If the rental market is still strong, what kind of price range seems to rent well for an SFH?

Ideally I'd love to have a great cash flowing triplex or quadplex property in the $200k-$450k range.

Good morning Mark,Thank you for your support, our comps are ranging from $2,750 on the low end (plus 50 dollar per rent) to $3,700 on the high end so we’re anticipating charging 2,800 monthly.

what would be the respective price range of the property?.

Also, their range of what they lend on looks sketchy.

You won't have to deal much with POS requirements if you stay below $100k on a rented / rent ready property as mostly in that price range, you would be looking at Cleveland proper and not the surrounding suburbs that have the POS requirements. 

I've seen interest rates from 8% up to 12%; Points can range from 2-5% of the loan amount; Interest Only options from 1-5years. 

First off, 70%-85% is quite a range and on one spectrum, may be a deal and on the other, isn’t.Second, while you can certainly wholesale on market deals, it is not very easy to accomplish and most list agents will make it hard or impossible on you.

Yet, the appraisals come in with at least a 10% range.