As she says after 20 years or so she can easily pull cash out for personal use.

Fully employed and I could easily make 170K+ which would of course take a huge burden off me financially and otherwise. 

Overlooked Benefits of a cost segregation studyA cost segregation study allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.

Meaning a one-bedroom or a studio rents very easily and has sought-after, a four bedroom is not as desirable.

I can easily afford the NOLA mortgage while living there but was hoping to rent out the property after the project is completed. 

You can easily include a series of obscure clauses such as "eviction can occur due to...lack of character.....multiple complaints by neighbors....questionable sourcing of income....lying on an application..." list goes on and on.The key point is, put something vague into your leases, and use it.

This one easily would have crossed the 6-figure mark, not many LTR can do that unless it's an elite of the elite property.

We can fluff the numbers pretty easily.

The property currently listed for sale on their site shows a cashflow of approximately $144/mo but I feel like that number could easily be eaten up by Capital Expenditures.

You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.