Some advice please Noob here

[Ivan Ponce de León]

Hi everyone I’m new to re investment. I’ve been doing cash on cash analysis for a couple weeks now trying to find some deals I can get my hands on. Most properties I’ve checked come to a 4-7% cash on cash ROI. But today one came back as a 13% COC. My question is. Have I been checking bad properties for a couple weeks or this is too good to be truth?? Again this is a noob question. I just want to get started and don’t want to get burned. Thanks in advance.