Study the market.

I always recommend that clients do the cost segregation study prior to the rehab on their property.

(if you study the financials you can try to pull that out)Lesson Learned - The sponsor holding period if too long after initial funding (wire) can really skew Year 1 returns as you can see in my chart.  

.$1.8B Sony movie studio backed by Mark Wahlberg approved for Summerlin - Projected to create thousands of new jobs.How North Las Vegas is becoming an industrial powerhouseDepending on which study you read, there is between $26B and $30B in new construction or under development.

How does our renovation and furniture expense factor into a cost segregation study?  

Cost seg studies have many different price points, depending on the complexity of the property but I would budget a few thousand dollars for a property the size.Regarding material participation, you should check with your CPA or tax advisor but generally speaking yes that would be enough time.

Do they really hurricane proof a house like the studies show?  

I have had so many people asking me for help re financing in Mexico that I'm studying whether there's a way I can get involved in that business to be able to help them.Finally, something to bear in mind that the best deals in Mexico can be more profitable if you pay cash than a deal with a mortgage in the US.

I did have a cost segreation study done on my property in December, which I provided to my CPA (the one who put me on Schedule C last year).

If you're investing in real estate, it's better to really study it then actually go deeper, not wider, and keep it trim.