Chris, I can't seem to share a document on here to send you one of mine, but you can copy/paste the following template into a Word Document and create your own.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?

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.

For a condo you can/should check the county assessor for land value  (you would apply the same allocation %, don't use their actual number listed) Also check your HOA documents.

You’ll probably need to submit plans or drawings of the work that was done.

.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

But, this being a larger syndicator they do have professionally made presentations and due diligence documents for you to look through.

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

It's crucial that this allocation is reasonable and well-documented to withstand IRS scrutiny.