I definitely recommend that you seek out a Certified Cost Segregation Professional so that you are confident in the quality of the work performed and the deliverables produced.

Create a weighted criteria chart, visit top markets, engage with local experts, and use resources for market analysis.

There are too many inexperienced people pretending to be experts and want to be a GP.

I definitely recommend that you seek out a Certified Cost Segregation Professional so that you are confident in the quality of the work performed and the deliverables produced.

Quote from @Scott Trench: Hi Folks - I am fishing for more advice from the experts in the forums here. 

I will do that diversification myself by giving my money to those who I perceive to be experts in specific asset classes, and do not a single sponsor to do that. - Sponsor is transparent and realistic.

Again, and I cannot stress this enough, I am NOT a tax expert on this so you need to talk to a professional.

There are always things that come up that you don't expect.With a turnkey investment you have experts in place to help with all items listed.  

I'm not an expert on that market but there is no substitute for local knowlege and time spent on the ground. 

Yes, this was a regulation passed recently in Cleveland, all rental properties must be lead certified.