Most Landlords/investors want to provide as good a property as their budget can provide as it is just good business sense to do that as a happy client is generally a paying client, unlike what the politicians seem to get told about us ;-) .Some of these people trying to get involved in setting the standards have no real reality on life to understand what should and shouldn't be in an effective standard to the point that some testing mechanisms being trialled aren't even passing new builds that have just passed there Code of Compliance (so if its good enough to pass the new building code why is it not good enough for a minimum standard???)

That should be good enough to help pay for a mortgage on a 250k - 300k mortgage.  

Your units are in "just good enough" condition.

I ran the numbers with rough and likely mildly pessimistic estimates of total rehab, based on paying $425 total to have it in good enough shape to keep 70% of rent, then assuming loan cost of 6.5% (definitely pessimistic since the last two were around 5% for me), and they aren't all that attractive-  If $425k total in-Rent for $4200 total =$2940/month using 70% rule$2535/month P+I for $340k borrowed at 6.5% for 20 years $1500 insurance plus $2740 Taxes=$353/month for Taxes and insurance$2890 total MTI =Marginal to no cash flow, $7800 per year in paydown- so about 10% on the $80k I have in, Then market gain leveraged X 5- This is the big wild card, and the one where I may be less optimistic than the rest of the crowd. 4% sustained yearly gain would make the whole thing seem really attractive all of a sudden- but I don't see our economy expanding in the middle class enough for this to keep happening for much longer :(a 1% cheaper loan saves only $200/month- still weak sauce cash-flow wise. 

It is a model that makes them money but I haven't seen any deals good enough to make me want to us their loans.

If thats the case I want to start making some offers and hope they get accepted if they do Ill market the deal as much as possible and hope I find a buyer (which I should if the deal is good enough) and if not be prepared to lose the earnest money...

Fear, which is real, but if fear makes the decisions there will never be a property good enough. 2.

This was too high and would not yield a good enough return.

I believe that saying "to make money" is not good enough and not deep enough.

If it's a good enough deal with a little wiggle room, maybe.