I would want a minimum of 10%.   8.34% for Cap Rate is also low for a “C” property.  

I'm considering relocating in the near future strictly for the purpose of investing/building a portfolio of rental properties.I'm specifically interested in using the BRRRR strategy on residential 2-4 unit properties and 5+ unit commercial deals.I'm looking for assets in desirable C+/B- or better areas so no section 8, high crime or low income type of neighborhoods.Rents must meet the 1% rule and I'd like to cash flow $200/door after refinancing once the property is rented/stabilized.I'm trying to find a market where deals are more readily available than here in South Florida where it's very competitive.If you were gonna pack up and move somewhere strictly to invest in rehab/value-add multifamily where would you go?

If it takes 30 days you can close faster, but it never seems to go as fast as we would like.Another option would be Seller finance on like a 3 year balloon with a low interest rate.

I've already put new floors over all the tiles, except in the bedrooms which I'm bringing Lowes in to install carpeting over these asbestos tiles. 

Thinking of obtaining a property through seller financing, since they are giving me such a low interest rate and low price in Phoenix, Arizona. 

Technically you are risking your earnest money should you fail to close but if you have things lined up right this is a low risk item.

For example, if there's an investor who does some of her/his own rehabs, and doesn't have time to go to Lowe's/HD, be the person who does it for them.

As far as bookkeeping software goes, there’s some free and low cost options that may help you a lot!

I was having a chat with a co-worker over Slack about ways to keep costs low in rentals.

That way you mitigate any market risk by buying when it's low, buying when it's high, and buying in between.As long as the property cash flows, I really don't care what the value of the home does.