We define good as low down payment (25-30%) and able to fund quickly (10-14 days) and decent rates/low points.  

I put it another 2 and a half years before calling it quits there and deciding to try to figure out how to make real estate a full-time endeavor.I'm a big believer that although we're generally taught to decide what we want to be and accumulate the skills and knowledge to attain that career, we tend to be a collections of skills and desires that ultimately define us.

When I was getting started @Jerry Puckett was the defining piece of my success.

@Jorge Quintero, can you define what IRA you are referring to?

A little history on the property, it sits about 7 miles outside of a small town and the parcels were defined back in the 70's and sold off to individuals, most of which are not even in the country to care what is happening on their property. 

@Anthony Bertolino @Jay HelmsTwo quick points:(1) the number of properties in an LLC is not the defining point, it is the amount of equity exposed that really care about.

John that is like looking into the Universe and asking which planet to go to.You have to define stabilized, vacant, or value add 50% occupied etc. property.

The other problem is that you're asking how much profit should be but are not defining how much the down payment would be.

I would be in an hours time you can get a lot of the answers you are looking for or able to define your direction best for you with. 

A term lease rarely defines when they need to move.