For example, certain electrical outlets that are dedicated to equipment such as appliances or computers should be depreciated over 5 years.Benefits of Residential Cost Segregation Although the cost segregation process may appear complex, the benefits of conducting a cost segregation study on residential rental property are both practical and significant.

And small landlords dont have the power to change these laws. 

I have recently reached a point where the existing electrical components of the home are in need of replacement.

Probably not, but perhaps yes.Governors have no direct power to affect housing.

I've been seeing: AS-IS contract, Sub to addendum, Authorization of release, power of attorney.

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that can be alot of work (and a full-time job if you are putting in sweat equity).

@Kent KettellThe advantage of leverage is that it lets you extend your purchasing power.  

So, with that said, if you followed that concept, it would depend on whether you were responsible for the electricity currently.  

As an investor friendly real estate broker focused on Oregon Coast STR vacation rentals for sale, these are the testimonials that affirm how powerful of a resource and community Bigger Pockets truly is. 

Transactional funding definitely seems like a powerful tool for quick flips.