REI Benchmarks

[Andrew Hitchcock]

Hello Bigger Pockets Community!

My name is Drew Hitchcock and I live in the greater Cincinnati Area (Ohio).  I recently picked up the Rental book and am about 60% of the way through it.  My question for the community is regarding benchmarks for Multifamily properties.  I started to evaluate some properties and I am struggling with determining what kind of benchmarks I should be trying to hit?  In the book they mention the 1% and 2% rule as well as a $200/door cashflow mark.  Just trying to gauge how realistic these benchmarks are and what other benchmarks that people use for my area.

Thanks a bunch!

Drew