You will not find a stellar deal on the MLS usually.How are you generating your property deals?

I see former players from the 2000's coming back to the industry under different business names, and some of their prior work was less than stellar.

Doing the work myself is difficult, and I don't have systems in place with people I trust to get things done.If you add $10k in appreciation, the numbers look stellar.

Not to mention that most of the time I hear "buy with credit cards" or "use credit cards for a down payment" it's usually a question from someone with less-than-stellar credit to being with.

I see former players from the 2000's coming back to the industry under different business names, and some of their prior work was less than stellar.

I don’t expect stellar returns.

@Malcolm Lawson ,  you're not getting a stellar ROI, because you're contemplating using no leverage.

And although we took stellar care of the property the property required a lot of maintenance (we lived there for 5 years).

Our purchase must have put it on the radar, and it was reassessed at $120K with a tax bill of roughly $1900.While it did not totally destroy our investment, it did derail a few things.The numbers:At Purchase:                                            8% CoC return, $275 monthly cashflowAfter assessment:                                 5% CoC return, $190 monthly cashflowAfter $10K to bring to market rents:  9% CoC return, $370 monthly cashflowNot a stellar investment once fully upgraded, but not too shabby for our first swing. 

Keep in mind, you won't find stellar deals this way but the time required makes it worth it for some people.