All properties are eligible for a cost segregation study as long as they are investment properties.

Both properties are in A areas with great tenants. 

I have a property that I retitled into the name of an LLC.

BTW: most owners that have hired a PMC, don't want to speak with you, much less meet with you in person to hear a hyped-up sales pitch.Also, you want to do rental arbitrage - so, you will need to be properly licensed to manage properties you do not own as required by your state & local laws.- why would an owner want to do business with someone NOT properly licensed?

Agricultural land and property suitable for residential development seem like safe options to me.

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.

My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

Are you saying you would temporarily put money in an escrow account until you flip the property as a way to give the senior more security? 

The best properties are those that have room to grow and only require minor maintenance.

My property is in 5th ward but in a more gentrified area with several new builds on the street that are occupied and 4 more being built on the street that are all for sale.