I wish I had the experience to use your strategy.

@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.

You can determine if the cost segregation study makes sense by speaking with your accountant and many cost segregation professionals offer a free analysis.

In your scenario you'd have a potential tax event on that $200K difference.Here's a creative way to access most of that money tax free however. 

Would be more than happy to hop on a phone call to discuss my experience and give you an overview of the market here in Cincinnati as well.

A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.

So if I can do it anyone can I had really zero experience .

If anyone has gone through this experience, would really appreciate your help to determine exactly what licenses, permits and tax accounts are needed to be in compliance.Thanks so much! 

Seeing I have not done a tic, I have not used this lawyer myself but I suspect CA lawyers with TIC experience is likely limited.  

Or free up more of your time depending on your goals?