Newbie Post w/ a question on properties in populated cities

[Jonah Kubath]

Exciting new year and new opportunities. In 2022, I am looking to buy my first rental property. I have just passed the one-year mark on owning my first house (which I live in and rent out spare bedrooms). I am looking to buy in the Arlington, VA (near Washington DC) area. From what I have seen so far, a lot of the houses don't have the CoC ROI (cash on cash) that Brandon talks about (%10-12).

QUESTION: Do you have a different CoC ROI expectation for properties in very populated areas?

I definitely have more questions, but I will start with one for now.  Thanks for any tips / thoughts you have!