However, you can choose to do a Cost Segregation Study and instead of depreciating the property as a whole you depreciate each piece of the property some of which have a shorter lifespan and that allows you LARGER deductions sooner!

I dont know anything about which of them put the money up or if it was some fraction from both and don't intend to try to study that out. 

A cost segregation study would be more beneficial this year. 

We obviously handle the ones near us in-house, but hiring someone in another market to work one day a month is a bit of an odd task.My guess is that remote property management companies need to have a sort of Swiss-army-knife person in the area that can do many variable tasks for them and works on an hourly basis as there may not always be things to do, but I don't know that for a fact.How do remote/long-distance property management companies overcome the challenges of not being in the area?

You should start creating a pitch deck with a financial analysis / summary and market study to share with people to get them excited about the project. 

They will help you ensure you don’t accidentally leave money on the table by helping you study your competition and by raising or lowering your rates so you can compete better.

The problems are with the inexperienced under capitalized people studying wholesaling strategies as put forth by a variety of guru/mentors and the temptation these people feel when they smell a profit.   

The beauty of a single family home is that the asset is a swiss army knife, and there are always buyers and sellers. 

A cash flow study should be performed to ensure that the refinance does not drastically reduce the property's return.Good luck!

I get to see the feasibility studies.