I think 20% is easily obtained with a decent credit score. 15% will be a little more difficult.

The product, as you mentioned, has a very thin wear layer AND the plans tend to be so rigid that I spent a decent amount of time fighting the warping from the pallet bands and cracks in the cheap T&G parts.I've since moved to a twice-the-price ProCore LVP product from Floor and Decor that has matching quarter-rounds, stair treads, and about anything else I need. 

Thanks in advance for your responses and as alwaysHappy Hunting.Char There are still some decent areas where you can pick up a 3/1 in the $40k-$60k range, albeit closer to $60k than $40k.

As long as you manage it right you should be able to net your goal plus potentially a decent amount more. 

Say 5-15k, and would generate a decent cAsh flow, for sure will need higher budgets for repairs and capex.

The area I live in is on the up and coming and property prices have shot up over the last year. the median home price is at the least 500k.

It is hard even under $450k but you have a shot if you are willing to do work. 

I am not licensed in the state of Florida and have found that it takes a decent amount of time to become a licensed a GC down here.

I just started currently working at the airport and I have a decent crypto profolio.

Can someone tell me if it's a decent deal?