You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?

Since graduating in 2021, I moved to Washington, DC to pursue a civil engineering career and am now feeling like I am in more of a position to start learning and pursuing real estate investing seriously.

The way I countered this (still not as good as buying a note with idle cash but I have checkbook control) is the money paid out from a note fund I invested in is at Axos bank.

Is it as simple as getting the site designed and engineered for the footprint, cleared and graded (all of which I am comfortable with), and then hiring a GC to build the building?

It really doesn't matter as long as the lender is licensed in the state the property is in. I

The area you are in is very good for appreciation.

Most likely you'll have to look at properties that need significant value add and become a specialist in the area you're investing in. I

I've walked through a property with a wholesaler and when I walked in I told him the ceiling height here is a big factor for resale and I can't use the comps he sent me.

Crazy world we are living in! I

For example, if you’re investing in residential properties on the southwest side of town, eliminate property managers focused on commercial properties or other areas.Research CandidatesSearch Engines: Be cautious—Google rankings often reflect marketing, not quality.Yelp Reviews: Read reviews critically; tenants, not property owners, typically write them.