Cash on Cash Expectations

[Anthony Arender]

I invest in the Northern Kentucky market, across the river from Cincinnati.  It is next to impossible to find decent properties that cash flow for an 8% coc.  Should I settle for less in order to get my cash out of the bank and into a property before rates go up, even if it is only at a 3% coc? Or wait for a dip?  Some guidance here would be appreciated from investors with more experience than I have.