Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).

Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.

Based on rent of $1,695, I think you'll be lucky to get an appraised value of $160k with a CoC return well under 2%.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

I'm based out of Fairbanks, Alaska.

Quote from @Darrius Lloyd: Hello everyone,My name is Darrius Lloyd, and I'm a 23-year-old aspiring real estate investor based in Northern Virginia.

@Mark Sullivan I'm based out of Rhode Island so not sure if my providers lend where you are located.Biggest thing here, I would look for a portfolio lender.

Based on your post;1.

You will want to mail the same area multiple times throughout the year.Phone callsCall your contacts once a quarter to touch base.