This is a case study in the importance of due diligence and how experience with construction can help save you from making a bad deal. 

.: @Steve K.As a matter of fact, I recently discovered $2.2 million dollars, found it in stuffed into Ziploc bags under the attic floorboards of a tear-down I bought at the sheriff's sale.

Jerryll discovered that selling "done for you" services is a very hard business to scale and shifted to a high-level coaching / expert guidance model (I may not be talking about it the way you would Jerryll, so correct me below pls).

. - Asset Protection Layout A CSS Decision Diagram flowchart intended to bring together all the various questions when assessing the benefits of a Cost Segregation Study (via a professional or DIY).Let me know if you have questions or want to chat further - I can give you my investor perspective - text me at 512-368-9940 and we can talk further.PS.

This is a great case study for folks on the fence about hiring a professional property manager. 

Instead of them performing a general assessment which is cheaper they chose to do an inspection which is more invasive and discovered that the porch needed to be scraped and repainted which was something that was never addressed in their general walkthrough and inspection of the home after the renovations and incurring more costs. 

Unfortunately, I'm not allowed to attend any seminars or classes (due to budgeting issues), and I can't study for a real estate agent liscense and join a club until I'm 18.

It is also worth noting that PHAs undertake Rent Reasonableness studies (link to PDF), which "ensure that rents charged by owners to Housing Choice Voucher (HCV) program participants are reasonable.

Since it was a rental property for 14 months, it will need:- Schedule E- Form 4797- Schedule DYou should not need to study the IRS instructions though.

But, you don't have to be my age to study the negative effects of rent control, eviction moratoriums, forced section 8, etc..