The property itself is located in a great area (right next to Disneyland, across the street from a school, etc.) but a bit older in stature, around a C/C+.Thanks in advance! 

I use 50% for newer buildings and buildings in better areas (B/ C+/ C) and most of my buildings are in Cincinnati, Ohio whose property taxes are way LOWER than Chicago's. 

We bought a relatively large house and it's almost too big. (3800 sq ft for a family of 4) however we've paid off our CC, maxed out our 401k, HSA, Emergency Fund, Life Insurance, Will, and started our DGI.

To name few features, you can connect your bank & credit card account(s) to QBO to automatically download the transactions daily, set up rules for any recurring charges, setup recurring transactions (ie invoices to tenants), sent out reminder (individual or batch), accept online payments (cc & bank) which can be tenant or landlord initiated, track multiple income sources (ie. flip, rental, wholesale), track individual properties, charge tenants for reimbursable expenses, track 1099 contractors (and e-file tax forms), and create a budget.

Hard money, HELOC on your primary (if this isn't your primary), friend and family loan, hell even CC depending on size and timeline of rehab/ sell or refi.

(CC) "Credit-eligible course" means a credit or noncredit-bearing course that is both of the following:(1) The course is offered by an institution of higher education.(2) The course is eligible for academic credit that may be applied toward the requirements for a degree at the institution of higher education.

I am a noob here and starting to learn about Real Estate Investing in Rental Properties, and had a couple of questions on how people typically crunch their numbers when analyzing a deal.I watched a replay webinar from BiggerPockets here and saw that when using the Rental Property calcualtor on the site, they usually calcluate in Vacancy, Repairs, and CapEx into the expenses.I am reading that people usually aim for 12% or more CC ROI and that would be considered a good deal.

I've found a few, but the CC ROI would never really reach 12%, which is another number people seem to aim for.

This is how the CC companies make their money.

@Patrick Menefee yes every property is regional and typically properties that are in B-, C, C+ areas will get closer to the 2% rule.