The only one you really can't is raw land, because there are no costs to segregate.The bigger question is whether or not you can utilize the increased deductions from the cost segregation. 

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.

Or someone went camping and got rained out and had to put everything in the dryer when they got home.There are some really cheap motion sensing cameras these days- it might be worth setting that up.

@Sundone Boutvyseth-the lowest Down for a SFR  rental  property is  15% ...if you are able to  locate an  option with 10%  down - this is likely  going to be pricey  but if you need to minize the down - it  might be  worth  using 

Hi Angelica,Just adding my own 2 cents worth here from a deal I did not too long ago:I bought a prop off Auction.com about 2 years ago.

A furnished mid-term rental or month to month lease can be well worth the small incremental monthly cost for this flexibility if you are serious about finding a great live in flip candidate on your timeline, not that of your employer's. 

 $1 million net worth or $200k salary is not “elite” after 43 years of inflationary currency depreciation. 

Just trying to understand if doing it myself is worth it.

A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years..Just curious, generally from start to finish, from closing on buying the land to collecting a check after building the house and after escrow, how long is the process taking you? 

While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.