My market’s appreciation for this century, which includes the Great Recession which was perhaps the worst RE performance period in history, is at over 5%.  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Perform MAGIC!

If a Cost Segregation Study had not been performed on this $595,685 single family home located in Miami, FL, it would have had first year depreciation of approximately $22,000.

In the residential world, some requirements are relaxed comparing to commercial so it's up to you whether you want to spend the money to have a better planning versus skip the planning and perform the work impromptu.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

That will influence your how much you get in funds for buying the land and for construction, as well as how much you need to put down for closing costs.If you don't have the experience you could partner up with someone with experience whose also got cash to help you with this deal.

For the last 5 years, I have been self-performing live-in flips with my wife and two young children.

It would be best to perform the renovation of the unit and have a long term solution in place. 

You may ask for documentation of the health of the animal and you may ask what task she performs.