Is 4-5% CoC annual return to low?

[Matt Perez]

Hey everyone ,

I am a newbie investor. I am looking out of state because where I live in California is just to expensive. As a newbie I am looking at homes that are "turn key" and could get 4-5% annual CoC. I know people get 8-15% or more but have to do all the rehab and dealing with contractors. Being I'm not all that seasoned yet would 4-5% ready to go be a bad idea?

Curious on peoples thoughts on this one.  Not home runs but it does get my money working.