The IRS defines a “quality” cost segregation study as “a study that is both accurate and well documented with regard to” 1) the classification of property into classes, 2) Explanation of rationale for the classification of the property and 3) substantiation of the cost basis of each asset and reconciliation of the total allocated costs to total actual costs.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Hello All, I purchased my first rental property a little over a year ago.

We don't have that policy and I don't ever tell an applicant they can't apply I just make sure that there are multiple correspondences documenting our screening criteria.

I've also used some more obscure companies in the seller financing world like Pioneer Title in Idaho (they call in Long Term Escrow Servicing) and Security Escrow in NM (recently purchased by Sunwest Escrow).

@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You purchased six properties, and we have to assume, based on your post, that you purchased and renovated them for below a current market value. 

All our data was well-organized and cleanly presented (no dropping off boxes of unorganized documents in their lap).  

I realize a lot has to be worked out, but tokenization through blockchain eliminates a lot of legal documentation issues once established.  

The document that records the sale is called a "Tohon" and does not list a sale price.