Quote from @Jose Remor: Yes, you can save $500 by managing yourself, but you can also lose a lot more than that with some rookie management mistakes.

I wish we could keep the dialog open and we could resolve this amicably, but I feel like the way she approached this has shut down that option.

It seems like you are making money in you job, as it seems like you've saved $200,000 (50% of $400,000.)

Even if you can't use the full bonus depreciation in 2022, the tax savings could still be impactful in future years.It's great that you’re planning to work with a real estate-specific CPA, as they can help ensure you're compliant and help optimize your strategy for future tax savings.

Don't forget the cost segregation on the SRT portion to save you taxes.This post does not create a CPA-Client relationship.

He was very apologetic about the issue I experienced and the the amount of time it took to resolve the issue. 

If you don't have savings to get more property, the leverage would only increase and the risk so why risk something when you are creating a strong foundation?

Paying my commission or even just getting a $500 appraisal would have saved him $500k.

The thing is he wants to sell it directly to me (FSBO) without the use of an agent to save on commissions.

As the owner, you should also be more flexible about how nice the basement is - saving you rehab costs.