Re mentioning one deal, I said it was an outlier, and the other range was accurate.

Just so you are prepared, if you pick up a 3-4 unit property using FHA as the loan, it must pass a self sufficiency test.

However, the purchase prices for this asset class can range from $5,000,000 - $500,000,000!

And out of those options, what are respectable percentages or fee ranges to expect to pay/make? 

Based on your mortgage and the potential rental income, you should have sufficient cash flow to cover insurance, taxes, vacancy, and maintenance expenses with some cash left over each month. 

As @Gorden Lopes mentioned, making it a 3/2 can get you into the $1100-1200 range depending on the location in 35810.We did a BRRRR in 35810 last year in a solid C neighborhood with a big yard and away from the main roads. 

@Eric JusticeThe properties that come to my mind in this price range are mostly going to be high rises in the Kenwood/Hyde Park/Woodlawn Area.

I rang the bell and she walked up with a smile and I said hey Mary, we just spoke.

I think many investors start with researching some of the cities in the midwest in that price range.

I am underwriting various deals in the 30 unit range in the Charlotte, NC market (one of which is off market direct to seller) and I wanted to get the  opinion on how the BP community goes about estimating rehab on each deal they underwrite (20 units+).