Start by reviewing the assessment report for errors, such as incorrect square footage or outdated property features.

I can tell from your questions that you are in a bit over your head and before you make an incorrect decision you should STRONGLY consider a consultation with someone.

She provided me incorrect information and my 6% locked rate ended up closing at 9.99%.

If something gets installed incorrectly or in the wrong location, you have proof that it was their fault, not yours.

The report is as good as the answers you provide to their questions.The risk is that you answer a question incorrectly which generates an incorrect report.I would have a discussion with your CPA to determine what the land basis is(required to start the cost segregation).I would also have your home inspection / appraisal on hand to answer the questions more thoroughly. 

(Foundation, etc)4) Black mold, asbestos, lead paint, other other costly repairs. 5) It need significant cosmetic repairs where the purchase price just isn't worth it. 6) They may have an odd layout of the rooms. 7) Non-compliant septic.8) Trouble with permits or tenants9) Listing agent has a poor or incorrect listing.

Each market—whether it’s Cleveland, Cincinnati, or Columbus—has its own quirks, so digging into the local scene is huge.If you’re serious about tackling Ohio, I’m happy to share what’s worked for me or help point you in the right direction.

Or am I incorrect?

None of those types of loans allow LLCs, therefore, that lawyer is incorrect.

And you are incorrect about some of the states.