With a rate for a first mortgage today in the 6-7% range something like this probably is going to be close to or in the double digits. 

Personally, I've seen cash flow yields ranging from 10-18%, with plenty of potential for even more.

Quote from @Min Zhang: Hey Alan, I have seen areas like Cleveland and Dayton with COC ranging from 10-18% and Columbus is around 8-12% with strong growth. 

4) LTR projections range from $1600, which is from bigger pockets rent estimator to about $2500 from looking at comps in the area.  5) Top properties do about 10 to 15 grand more potentially, in 50k+ range which we would be happy with.

I've had success with 2 short-term rentals, and wanted one more in relative close range to work and life.

Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

The inventory you see on VRMCO was in their pipeline "pre-COVID" I am told.

You can also use a different programs if your building a Primary Home, Vacation Home or Investment rental.There are a lot of great builders in Ohio and its end of year so you might be able to get in on a discount since they may still have some inventory left over.

Google search gives me these super wide ranges and mostly talking about adding a bedroom in a SFH, which I'm not sure if applicable to this situation of "moving/subtracting a bedroom from one unit and add it to another unit in a duplex". 

I had to make inventory sheet myself and mark what they did not deliver and I bought -- they owed me 4500 back, I offered to settle for 3000 back.