A cost segregation study will assess that value of the components of the property you purchase.

If the numbers don't align well locally, consider exploring other markets - dive into out of state investing.Starting with a turnkey cash flow rental is a good idea when investing out of state.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Knowing values is a very important component of your investment arsenal of knowledge. 

Is it a purchase/rehab for a flip or BRRR or are you looking into turnket properties that would align with the DSCR product?

Take the time to carefully evaluate your options, seek advice from financial professionals or experienced investors, and make an informed decision that aligns with your financial objectives.

After the lease expires, you can renegotiate rent or offer a new lease aligned with your investment goals.

While this is true it is important to analyze the market as a whole and understand if it aligns with your goals.I am an agent and investor in the area, and would be happy to give you my insight on the market and what is happening right now.Reach out anytime!

If everything aligns, moving forward with a duplex can be a smart move, providing both a place to live and a source of rental income.

This will help people connect with you after determining how their goals, services and resources align with yours.As you continued getting onboarded and acclimated here on BiggerPockets, you'll have tons of questions about Real Estate...