Whats an acceptable ROI?

If I had a dollar for every time I was asked this question...  Here is my standard answer that is 100% accurate. 

It Depends.

It depends on so many other variables. What is your business model? Are you buying commercial, residential, new construction etc..?  How much time do you have to devote to RE Investing? What tax bracket are you in currently?  Are you looking for Class A areas with good school districts? Are you adverse to risk? 

I could ask another 100 questions that would then lead to just more questions. Your experience level will dictate what returns you should expect from your investments.

For example My preferred ROI is infinite. I am not satisfied unless I can get as close to infinite return as possible. I have 25 years experience and thousands of deals under my belt. I want to use OPM and put their money to work for me therefore I can in many cases get that type of return. 

If you are new to the business and doing your first deal then breaking  even could be a good ROI. It sure beats losing money. I have lost more money in the beginning of my career that some people earn in 10 years working a 9-5 Job.

I dont say that to brag I tell you this to let you know that its not easy and if you want it bad enough and are willing to fail and learn from your failures and then get back up and do it again than that to me is a great ROI in itself. In short you have to be willing to fail and pay the price in order to learn what is a good ROI for YOU.