Appropriate returns in rehabbing multifamily

[Paul Khazansky]

Question for experienced rehabbers out there that target multi-family (5+ apt. buildings) -- what return do you target and you've been able to successfully achieve? I figured given the liquidity risk (funds are tied up) and performance risk (amount of effort/execution that goes with rehabbing) the required return must be fairly high relative to required return with other property types.