If the proper reports and documentation are not completed, you run the risk of failing an IRS audit and the cost segregation not being honored.

So, proper screening is EXTREMELY important!

Sometimes it has to be zoned properly or it might need to be a specific distance from an already licensed home.Then you need to determine the licensing requirements and see if you can meet those.

I live where I live for convenience and lifestyle.

You can find 1%+ rule deals just about anywhere in Detroit proper but that doesn't mean you should be buying them all. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Go with an area that matches your lifestyle.2.

In a properly run platform, VRBO would require hosts to upload this information to the platform, and the guests would access the information directly from the platform, eliminating drama. 

I don’t know the condition of the property nor how to properly assess it considering my lack of experience – who would I approach due diligence?

When dealing with unique properties like this, I would make sure that the ADU on this property is properly zoned.