Cliff Stay on topic - we are already starting to get off topic.Ask your questions in the proper forum; each forum is targeted to certain topic categories.Don't violate the forum rules; they are posted:http://www.biggerpockets.com/forumrules.htmlhttp://www.biggerpockets.com/terms.htmlAmong those are: no phone numbers in posts, no email addresses in posts, no self promotional materials or links, no verbatim copying of copyrighted materials, no harvesting of member email addresses (via signature), no "avatar" that is promotional in nature (e.g. business logos forbidden as an avatar).

Details now matter more across the board with capital, investment term, return targets and the general plan.  

Our budget here is the same.Once all the internal bits are done we will reside the building - and are planning to add another 1" of polyisocyanurate hardboard insulation {which will require removing and resetting the windows we just installed to adjust for the new wall thickness ... a little rework that we have not found a way to avoid {yet}]Once all the above has been completed, we will conduct our "post retrofit" energy audit to see if we hit our target of scoring 75+ out of 100 with fewer than 3 air changes per hour.As you stated, the long term goal is to keep our buildings attractive to tenants by making them healthy, efficient and modern (while retaining their historic charm) homes as energy costs rise.

I have come across a property in my target area through my bandit sign marketing.

Profit target per deal?

However, if they are pre 1976 they can be hard to buy because of a lack of mortgage options, even if you can pay cash keep in mind your exit strategy because your target market may not have that luxury when you go to sell.

CAP rate, CoC Return, etc.I’m sure it’s area and/or property type dependent, but with the state of the market as a whole, what do you consider good targets for the metrics you use?

I'm sure there are some C-class properties out there somewhere that may meet the 1% target, it takes a lot of hunting.

Find an agent and a lender.You might also find this beginner's guide, this breakdown of steps, David Greene's 90-day challenge webinar, the Real Estate Rookie Podcast or books targeted at beginners helpful.

You're target should Mom and Pop operators who run their business or property as a job and want to be done!