And that's not to pass judgment on you or others who employ leveraged techniques to investing in real estate.

My first goal in 2023 is to relax and enjoy our honeymoon vacation.

There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.

Quote from @Bubba McCants: I have the same technique as Drew: copy from others, customize to your business model and laws, refine as you go.I started with a two-pager that was built in the 80s and never updated.

The goal evolved to 3x monthly expenses, so a gap of 2x above what we need.People get caught up on some $x cf/mo but relaxing early is all about a mutiple of the gap above what you need.  

That doesn't mean Engelo doesn't use false scarcity as a sales technique.

Then this request to print something out in the evening when I was already settled in for the night relaxing. 

Yeah, here is the passive activity Audit Techniques Guide which is interestingly not available on the IRS website any longer.

Don't just keep "ramming it down" the one technique all year, every year. yes we are running based on reward/risk return.

I've delved into approximately 10 books covering multifamily investments, syndication structures and operations, capital raising, underwriting, real estate market dynamics, legal aspects, broker relationships, deal sourcing, taxation, property management, sales techniques, lending practices, and construction processes.