If you're investing in class-A properties in HCOL areas, you may never get close to that ROI.As a general rule, I like to see $150-200/unit/month with CoC ROI in the mid teens or better.

They are actually readily available...but because most of those banks don't have sexy commercials on TV we may not have heard of many of the regular portfolio lenders.  

Flips are sexy but only from afar OR on HGTV; however, in real life, it takes effort and commitment. 

I can understand why you miss your mountains, I spent some summers in AZ back when I was teen.   

Returns on private syndications are mostly projected at mid to high teens these days, 5-7 year hold; cash-on-cash, if any, is all over the place, and depends on business plans and financing.  

and significant equity (30-60%) in adition to our job income, hence why i considered (and ultimately decided against) this property with the proposed financing - detailed explanation in the posts above 🤘🏻Of course i have other options to obtain a mortgage, there are countless non QM lenders that would happily refinance my existing (and issue new) mortgages - but not at a sexy 3.X rate like a traditional, full doc mortgage from Wells of America & Co.

This would align interests so that you get more upside as you perform better.Regarding projected returns, most private investors like to see a combination of IRR, multiple, and cash-on-cash return on a five-year hold.IRR - internal rate of return is your compounded year-over-year return based on all distributionsMultiple - all cash distributions (including return of capital) divided by the equity contributionCash-on-cash - annual cash distributions divided by equity contributionFor value-add multifamily, you can probably be in the mid- to high-teens IRR, 1.5x-2.0x multiple, and 8-15% cash-on-cash. 

Unless the comps suggest you need a super sexy kitchen, I wouldn't spend money there.

It's an excel spreadsheet, and although it's not as sexy (if you will) as BP's, it still produces the same out come.

I pay my friend $2000 in rent (I furnished and upgraded her house) and keep all the profits.Renting out nightly sounds sexy, but renting by the month—for me mostly to retired doctors from the Midwest and Northeast—is much easier to manage.