I think it will help speed things up.I remember taking your class and you were talking about knowing the different from a vacant house and an abandoned house.

When it comes to criminal history, that is not a protected class... yet.

These markets are what we would call D class; Hartford, Waterbury, parts of New Haven, Bridgeport. 

Many people buy in larger cities like this because the paper cash flow looks sweet, but the reality of it, across the board right now - good cash flow equals lower neighborhood class, more variable tenancies, and tons of hidden capital expenditures.

The property had undergone significant renovations c10 years ago following the issuance of three class B violations - mold, lack carbon monoxide detectors x2.

Typically it is still hard to have it covered without a roommate if its not in a C class area, but it is possible @Chris Schoonhoven

Hello all,If anyone is familiar with cost segregation studies, do you know what asset class/depreciable life a stand alone, metal sheet, metal frame carport would be depreciated?

Class C and below on the otherhand, take a lot more time and local knowledge.

What is your experience in this asset class? 

I have to explain to the the capital requirements to acquire an asset like that which would be 60k+.For projects under 100k purchase acquired at 80% leverage you can figure needing 25k - 30k in liquidity for all the costs of the life cycle of the project.If you start acquiring in that 150k range, that lifecycle can go to 40k/50k needed to make sure you can handle the down payment, closing costs, holding costs, any miscellaneous costs that pop up and then still have a cushion in the account cause you never wanna be down to you last dollar.One of the first questions I ask new clients is what kind of capital do they have behind them, because that number will determine market and asset class.