Probably 8%+ mortgage interest at 40% down to make a safe assumption.

Great.

Any suggestions would be greatly appreciated.

For the most part, due to interest rates, breaking the 1% cap rate still won't provide positive return after expenses.

What made you interested in investing in this type of deal?

I have heard good things about Ohio, Indiana, etc.5 - Due to high interest rates flipping has become highly risky and most businesses have dried up.6 - Co-living and Assisted living seems to be popular right now.So - really depends on your market, your strategy, and your timeline.

I spoke in Raleigh, last April and think its a great place to invest.

Those stilled cashflowed mostly due to insanely low interest rates.3) Investors started chasing Class C rentals in 2022 when Class B rental prices AND higher mortgage rates didn't allow cashflow at purchase.4) Investors are now chasing Section 8 tenants as the cure-all for Class C tenant performance issues, so their Class C properties ACTUALLY cashflow.

I was just thinking today there was all this excitement about VA loan assumptions there for a while when interest rates started going up. 

Hey there @Isaac Watson,It's a great question.