They produce low quality. 

You can't count on believing that the family member will not produce a handwritten lease (real or not), or other paperwork & tactics, to throw a big old wrench in your initial/expected timeline.You CAN expect that if they see you as the big old rich/developer/bad guy enemy, they will do as much damage as they can, and drag their feet as long as possible.See if you can feel out what the relative actually wants/ needs, connect/come prepared with info on resources for local "housing help" options, etc (perhaps), and figure out what you can do to solve the problem (cash for keys with an incentive for quicker move out timeframe?

And let's be smart, would ya rather go where every a-hole from around the country is going to produce more rental inventory, or operate where supply is still insanely constrained? 

yes can definitely replace just the bathtub but i would do the surround as well . since its leaking would want to see what the condition is below . very important as water damage can produce mold 

This way you can learn what it takes to be a landlord, produce extra income that can be put towards your mortgage, and build equity.  

But now there is no doubt: cost segregation results produced by this nationally reputable company are at best sloppy and at worst totally unreliable.Your Honor, I rest my case.

Build a portfolio of cash flow producing single-family homes in a high-cost market with high barriers to entry. 

@Chantell JohnsTo start putting money into multifamily real estate, take these steps: learn first from books and the web, meet folks who've done it, look up good places on sites like Zillow and Realtor.com, get a team with real estate folks, money lenders, and fix-up crews.

I suspect s&p will often out produce the return of RE that is purchased unleveraged and without a value add. 

I would connect with some local realtors and have them produce reports for you with some data out of the MLS . the filters are super efficient