Real Estate available via crowdfunding can range in scale from single family homes to $50-100M projects.

But from my initial DD, their estimates of repair costs and comps used seem to have wild ranges.

As far as specific areas it depends on your price range since the Coachella Valley is very diverse, you can purchase a property for about 300K all the way up to infinity.

And set it up properly so everyone is covered sufficiently.

If so, can you combine the power of all of this to buy something in the $300k - $500k range that may yield a better ROI?

@Aaron GarbadeBuying a 3-4 unit with FHA, including FHA 203k, the property must pass the self sufficiency test meaning that 75% of the market rents for the 2-3 units you will not occupy as your primary residence must be sufficient to pay the monthly Mortgage payment.

Secure financing first. 6 units moves you outside of FHA range.

I would like to know what a good threshold/range is.

Range is the $400k area, but I'd rather not pay it off 100%.

The tenant with the thermostat must be told - in writing - that the temperature should stay within a certain range to ensure the second tenant gets the appropriate amount of heat.You can also look into installing a "smart thermostat" like Ecobee and setting limits to the hit so tenants can't put it above/below certain threshholds.