Costs vary per location and depth of inspection you want. $500 - $2000 is a range.

@Paul LeavittThis report does not break down those categories to that level of depth, it focuses on raw numbers with respect to population trends over the last 10 years.  

It would be the same case if you commented about your discovery of rockets with Elon Musk in the room:) On a serious note, the others on this thread are simply sharing depth on the subject and highlighting the fact that you COULD have done a cost seg study and it would likely have given you more tax benefit on top of what you received. 

Search the forums for others experience on this topic.Could you go more in depth with this.

For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

These pictures show the in-depth work that it will take to get this property cash flowing. 

But my feeling is that OZs were an opportunistic manipulation of the tax code for the benefit of a few already placed pool of large investors. 

Yes its a horrible crawlspace, a crawlspace from depths of hell lol.

This was my first home i EVER bought therefore, i never thought to check for signs of termites and found out that an FHA loan requires an in-depth termite inspection; when i found this out i had an inspector come out and check.

It sounds like I need to talk more in depth with the seller and see what questions arrive during that process too.