Education and research hours, "managing the property manager" all have failed under audit historically. 

My goal is to be financially independent working for myself.

So its sell the sizzle do the Amway you deserve to be financially independent of course you want to do this so you can spend more time with the kids  U know the elevator pitch.

However, you are able to depreciate the building and its’ components.The land value is utilized in a cost segregation study and it is crucial that it is accurate so that it does not result in incorrect depreciation calculations which would open you up to the risk of an audit if it was overstated or you would miss out on tax savings if it was understated.So, we now understand the importance of the land value, but how do we calculate it?

Put your gas that you use for this on this card along with any other expense you incur for the property.If you have personal and business mixed when going through an audit you have a lot of explaining and proving every little expense.

Just make sure it's a reputable company and that their documentation will hold up in the event of an audit. 

You can learn to do this independently or get a rockstar REALTOR to lead the way.

While most of the posts here are true, we need to step back and look at it a DIFFERENT way…The people (wanna be investors) we’re talking about are people trying to go for the American Dream of self sufficiency, independence, and financial success.  

You can learn to do this independently or get a rockstar REALTOR to lead the way.

The code states, "A separate and independent building sewer service line shall be provided for every permitted use, home or residence per lot."