Quote from @Max Bellino: I’m looking for guidance on whether it’s worth opting for a rapid report for a cost segregation study, which is less expensive than a full site visit.

Every job I see requires 3+ years of experience and knowledge of multiple different programs.

I am based in Virginia and licensing requirements here seem manageable.

But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

As always, DYOR (Do Your Own Research) The area has a mix of stable, long-term residents and rental demand—especially with Section 8 tenants—but it does vary block-by-block.Key things to consider are Rental Demand, Property Condition and Management (a local property manager can help navigate tenant screening and city requirements)It’s not as bad as the headlines make it seem, but success here depends on buying right and the right property manager.

I know there is not a ton of resources that don't require large financial commitments, just wanted to see if anybody knew of cheaper alternatives. 

While a 0-4% cash-on-cash return isn't ideal, remember that house hacking provides value beyond pure cash flow by reducing your living expenses.

Follow the law and send the exact required notices. 

To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.

Perhaps you have coverage for the replacement value BUT the insurance company when calculating the replacement property uses modern building materials like drywall but your original house had plaster which is much more expensive.