What are your goals for the cash out?

Depends on your long term goals.  

My goals (with my limited knowledge) are to do fix-and-flip deals to earn money and then reinvest in buy-and-hold properties.

You have to find that sweet-spot where any rehab work you do puts money in your pocket and is not money down the drain.I know markets where adding granite countertops won't get you $1 more in price (although it may sell faster) and other markets where granite adds a lot of value and it is hard to sell it without.  

Then they will let you know if they are aligned with your goals.

It will depend on your personal situation, goals, and objectives.Another factor is the syndicator.  

If you verify you are treating them fairly, that may be all they need.If the clients want to save money, offer a trade off - they take on lawn care, and you reduce rent by the amount saved monthly (unless you were planning a rent increase to keep on track with your financial goals).

Everybody wants a piece of the "American Dream", altho there is some controversy over the how and why that became such a Universally Desired Goal.

Don't buy based on what you think the market might do in the future, buy based on your own investment criteria and long term personal goals.

I'd be happy to chat with you about your growth goals and share ideas on how you can build up your rental portfolios.