When we leave this house in less than a year, we will rent out our master bedroom, this will make the deal overall a positive cash flow property.

Hi Jason,I am interested if you have another Master Mind in the future. 

The property is extremely mismanaged and the tenants are quite undesirable. 12 of the units are affordable housing tenants and 5 of them are on a master lease with this company who lets the homeless community use the units.

If you fall into one of those buckets that would be good information to include here, if you are looking for education that can actually hold some water you could obtain one of the bigger pm certificates, Certified Apartment Manager (CAM), Certified Property Manager (CPM), Master Property Manager (MPM).

I budgeted about 45k in cash to renovate the master bathroom, kitchen, guest bathroom, and painting the interior.

-Master lease option now, with option upon TODD actuation or some period afterwards.

I think its more of a business and life lesson honestly... become a master of your craft, and everything else becomes much much easier.

I have written before about the pitfalls of cost segregation, for example here: https://www.biggerpockets.com/forums/51/topics/831924-beware... and here: https://www.biggerpockets.com/forums/51/topics/1075919-five-...While cost segregation is an excellent and powerful strategy when used correctly and under the right circumstances, it is certainly not some master key that unlocks all doors all the time.

If everyone in the world could point to the perfect program and all agree that it works, most of us would still fail at using it because we just don't take the time and focus needed to master it. 

So many skillsets to learn and master locally.