I've spoken to property managers and lenders, and with conservative estimates I believe I would cash flow 300 per month using the lower end of their occupancy range. 

What kind of property are looking to buy and in what price range?

The market I am currently looking in has a fair amount of property that is priced in the $30-$45k range with little to no work needed.

Their A+ service is definitely worth it if you have the money.Skype or GoToMeeting are good for long range client meetings.UPS P.O. boxes have business addresses if you only need a P.O. box.I'm sure other members could think of more.

I'm certain I won't get a bidding war (selling price would be in the $1.5M range), so if I price low I know I'll get that price or slightly lower.My thought was I'd price it at market, see what happens 'til about Nov. 

I didn't talk to an agent or anything yet, but thanks to zwillow I saw that it was purchased in 2013 for $152,000 and comps are $280,000+ range.

(I've got my own opinions, but I'll hold those until later in the post)FYI, depending on area, most of these retail in the $80-90k range. 

Also, if you just take a cursory look at the listed properties there, the price/sq ft ranges from the low sixties to just over $100 for the majority of properties. 

Welcome to BP @Louis Leone Everyone has a different expectation for cap rate, where would you say your range is?

The units sold by the new developer were also in this lower price range.