So while our syndications are going down in flames (well, more of an engine out) we are currently investing in a new fund and are still convinced this is a viable investing plan.

At that time, my net worth was pretty low, and as an engineer my income wasn't substantial either so did not make more than 200k/year.

This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering.

I was ignored by the first mortgage company when requesting the initial payments for the architect/engineer and permits for a month, and then ignored by the second mortgage company for another month.

Engineering studyCan I use the one with the biggest value, and gives me the biggest basis?

I've been reading up a bit, consulting with civil engineers, and contacting the City of San Diego on SB9 but I am by no means a professional.  

We currently both have a day job: he as a firefighter with the City of Austin and myself in the civil engineering (transportation) industry.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

Building inspectors love quoting "A structural engineer" for anything and everything.Even a dime size hole in the siding.They kill a lot of deals with their terminologyJust my opinion.Thanks 

Property needs foundation repair, the floor has a large crack that has been looked at by several contractors and a civil engineer.