What is a 'deal' to you? What returns do you want/get?

[Bryan H.]

I was reading a response on another topic and the comment was " that's a 42% return on investment. That's not a terrible ROI."

I thought to myself, 42% isn't terrible? I'm getting 20-25% ROI on my rentals and I thought I was doing good. I've only been at this for a year now and thought I was doing quite well.

Are you really getting returns >40% on rentals? What is your target ROI you look for when making purchases?