You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?

I just signed a bunch of disclosures from my lender and after reading them it has me thinking, "Is there a cheaper way to do this."

What made you interested in investing in this type of deal?

Quote from @Crawford Peay: Hey just wanted to jump on here and introduce myself My name is Crawford Peay, I am located in Memphis TNI help investors buy and sell properties along with managing their portfolios in Memphis and the surronding area!  

Otherwise, I’d save my cash for the next acquisition.I’d also be posting on every social media platform and telling everyone I knew that I was looking for more real estate deals.

Of the dozens of MFR I have closed on over the years none have been in Newark, the reason for this is it is not worth the headache. 

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

I'm a commercial mortgage broker and would love to connect and discuss some financing approaches and strategies for this acquisition.

What made you interested in investing in this type of deal?

All the water issues could have caused this as well.