What's a good deal to you?

[Christian Laines]

Hi BP,

I currently live in the Nashville area, and would like to have an idea of what's a good flip deal to you? Such as, what is a good cap rate, ROI, etc., to you? Now this specifically isn't a question just for Nashville investors. I would like everyone's input on what's a good deal to them, & why? BUT, would also like to know what Nashville investors are looking for in a flip as far as a good deal.

I've been looking for homes on the MLS & would like to have an idea of what more I should expect?

Thanks in advanced.