Cleveland has been a market on my radar with numerous neighborhoods/rents on the rise while housing prices remain moderately low.

We don’t drink anything other than water/tea/coffee (at home), and we don’t drink alcohol.

You should be a forum moderator. 

In reality, it is more complicated.If you're in a 12% bracket, your $50k will be taxed at 12%, and your $100k at 0% .If you're in a 24% bracket, your $50k will be taxed at 24%, and your $100k at 15% (maxed out for moderate AGI).If you're in a 35% bracket, your $50k will be taxed at 25% (maxed out), and your $100k at 20% (rate bump at high AGI).

Furthermore, I'm partnering with my mom (an aspiring RE investor herself) to fund the downpayment, closing costs and rehab.Below are the quick and dirty facts going into this (w/moderately conservative estimates for rent, ARV, etc. and honest opex's). 

Once including repairs and vacancy it’s moderate, however due to the low amount of $ that I have to put into the deal I feel it makes it a bit more attractive for me.

If the property is in a low to moderate income tract, they pay all but $500 of closing costs.

You can buy alcohol at a liqueur store or a bar.

Giving an monthly cash flow of 784 making this a moderate deal?

Buy a moderate home, house hack live rent free 4) Get a massage (in a hypothetical world there is no virus)