It's been a while so the details are fuzzy in my mind. 

I know a lot of people do this from a distance but it's putting a lot of trust in someone to manage the details and makes me nervous.

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

Ensure you have a trustworthy contractor, a detailed budget, and room for unexpected costs.

Pls add any special features or terms that your favorite offers.

Hi @Jaime Ramirez its tough to say without knowing more details but majority of the time price is the largest indicator of what is going on.

A monthly statement should be provided detailing what amounts were taken and for what reason.

4-Plex details: -currently occupied-estimated sale price 265k-ARV 400k, and 4k/mth in rentBackground on me: -I have an LLC-I own 4 single family rentals-each has around 70k + in equity-all cash flow well -credit is 800+ with adequate income.

I was hoping to find some people in here that have properties in Warren, Michigan to let me know the process of the licensing, the detail they go into during the inspection, and other steps. 

The following details matter when asking this question and you didn't provide them: Level of participationREPS or notType of property (short-term, long-term)Since you didn't provide them, it look Austin Cheatham answered the question assuming long-term, and didn't take the other factors into consideration.