Canesha Edwards - thank you for the detailed explanation.

Note the other instances of ROI such as Dividend Yield, Interest Yield, Net Income Yield, Net Operating Income Yield (aka the infamous "cap rate"), these are all different types of ROI.ROI is a generic concept of how efficient an investment can generate return as such it is a concept that is applicable in investments other than real estate (i.e. stocks, bonds, etc). 

@Scottie FranklinResearch the concept of “House Hacking.”

Bob I get the concept I have done hundreds of them.. 

But because I don’t have any real concept of exactly how much it will cost, I just know it is going to be a lot more than I thought at first, I didn’t feel comfortable finding myself in an expensive rehab that was miscalculated from the start.

@Jack Edward Johnson50% rule - total expenses of an investment property equal 50% of gross rent70% rule - when purchasing a flip or BRRRR, your all-in cost should be no more than 70% of the after repair value1% rule - gross monthly rent should equal or be greater than 1% of the purchase price (turnkey) or ARV (rehabbed property)

This would in concept increase your CoC from 12% to potentially higher given the rate to borrow is in the 5's which translates into a 6.80% mortgage constant meaning you have to earn a min cap of 6.8% (based on 80k value) to break even.

@Nancy B.The DMSH is less an expensing election and more a book conformity election.There's a concept involved in the DMSH and other areas of the capital expenditure code section and regs called "units of property".You don't examine each line item on a receipt, you examine "units of property".Buildings are called out under the units of property regs as having special treatment. 

I came across the house hacking concept and it was a no brainer for me.

You can also do a live in flip as an owner occupant (same low down payment concept).