For those of you who are starting out and want to learn more about real estate depreciation and cost segregation! 

Most likely trying to find a sucker to buy this and take over the costly legal battle they are entailed in.So next time someone is like "yeah just get a deed in lieu at closing", think twice about that.Actually, I use the deed in lieu.  

Build out the network for GCs in your area and start to bid jobs, then you can build out how much each job would cost.

Cost segregation can be a complicated topic, but I tried to break it down and make it easy to understand!

Are you looking at the maintenance/repair costs of the homes once in place, W/S/G costs. septic expense if applicable? 

I know a cost segregation study would be too expensive for such a small amount of property, but is it permissible for me to estimate the value of the components on my own?

A cost segregation study was performed on this apartment building in Knoxville, TN with a depreciable cost basis of $17,323,250.

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?

Hey @Kyle Nikolich - You'll get many different answers for new construction costs.