This is an INFINITE return on your money :) and you don't have to wait 7 months.

So I’ll be needing at least 1.3% or more returns.

If this is your first rehab it may be enough of a return on your money to have gotten the education and experience of a successful flip! 

Such expert will be able to help you do proper tax planning, assist with tax strategies for your rental as well as your personal tax return.

buy quality assets look for capital preservation over return..  

125$/month = 1500$/year and a 10% return on your money would be an "ok" deal if your numbers were right.

We were able to get a 80% of rehab value on a 20 yr term at 6%.We decided to wait and do a traditional mortgage since it would return more of our cash and get us a better rate as well as a lower monthly payment.

Hi Monte, returns are certainly better in Greensboro than Chapel Hill (meaning per square foot prices are lower in Greensboro) so if you are trying to get in the door, would suggest trying Greensboro.

What CAP Rate, COC Return and ROI would you consider worth it to purchase? 

Even then it might just be better to buy a house down the line unless you are 100% sure you will not move before you can buy the house.Most newbies will do well with rentals even if they aren't the max return kind you see thrown around on BP saving and working towards 3.5% to put down on an FHA house hack should be a fairly achievable goal.