Studying for and receiving the CCIM designation will be a solid plus.  

Financing is definitely an area that I will need more study.

Quote from @Melanie Baldridge: A question that we get:"Does the IRS require site visits for cost segregation studies?"

I dont think the communication clause would stand up its to hard to prove.

We have seen properties for as low as $100k benefit from engineered cost segregation studies. 

What you can do to offset this profit is to invest in syndications that do cost segregation studies (which will lower your tax you pay).

Likely that he faked a robbery at a construction site, though I can't prove it, but it was after that when things went downhill.

You still have the right to require documentation proving the animal is legit. https://www.hud.gov/sites/dfil... 

We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?

Of course, there is very literally entities out there who make there living via filling frivolous lawsuits than offering settlements at cost savings vs one fighting to prove innocence, and they target those "marks" based on such searches.