Just interesting from a psychological perspective that many people who get taken go through the same process before they finally take some action.

Hey mate,Thick skin is needed on this forum and in business in general 🤷‍♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do. 

Out of curiosity, from your perspective, what ROI (or other relevant KPI) would it need to have to grab an investor's attention?

From a cash flow perspective, you’d really need to think long and hard about the cost of leveraging these properties, especially in the current rate market.Yes a bigger purchase price might mean a greater potential of higher gross cash flow and appreciation, but that cash flow might get eroded fairly quickly if these moderate interest rates are here to stay.- REI CPA from CA

Nothing can replace market confirmation from a 1st hand perspective. 

Since my only experience in real estate is from the residential remodeling/rehab perspective, I was looking for some guidance and thoughts on learning the ropes.

In my experience, sellers have a hard time understanding a buyer or lenders perspective in the numbers involved.

And if it feels like too much ask for specific advice here or turn over to a Realtor or PM.Thank you for the perspective, Melanie.

In previous 5 years they are all have double digit YoY Gross Profit Earning LOL so 2023 is actually the WORST year if we see from financial perspective only. 

So from my perspective, 11% isn't actually all that high.