Even if the analysis doesn't pencil out exactly the way you've set your criteria, I'd wager your projected cashflow is probably optimistic anyway and you'll actually do better in a better location. 

The preliminary report says we would be eligible for ~$390k in eligible deductions.

I'd wager most of this forum would be better off investing in equities then in real estate. 

I would wager that if you haven't sat down and done a tax plan before, spending a few hundred dollars with a tax pro could save you tens of thousands in the long run. 

I received a preliminary estimates for $3625 to $4000 (just for preparing the return, federal and 2 states).

All quality Cost Seg providers provide complimentary preliminary analyses.

@Brandon Stiles you’ve done a lot of the preliminary learning.

The preliminary analysis can have lots of data, so it's important that the provider thoroughly review it with you to explain what depreciation tax deductions Cost Seg study provides and what depreciation benefit you would get w/o Cost Seg.

I had reached out to a couple of national ads and had received some call backs and was wondering if anyone on the forum has worked with prior, dealt with before or presently working with RENATUS... any advice before preliminary contact would be greatly appreciated. thank you!

Usually on these you would have a title company run a preliminary title search to ensure there aren't any other liens on the property, then you can buy through a variety of different ways - owner financing, subject to, cash, traditional financing, etc.