@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

At the end of the day you're only going to be as successful as that team allows you to be so I would definitely advise doing a deep dive and  visiting, if possible, who you'd be investing with and where before pulling the trigger. 

I would focus on "Ugly inventory" but would pass an appraisal and not be "Subject to" so that I can renovate and refinance on the ARV in as little as 6 months to pull out my initial capital and enough to put down on the next REI.On the flip side Indiana and Ohio would also offer a sale price to cash flow ratio since you can still find a great deal in both states.  

For all we know, you could be pulling a Trump and just ahem “doing” your contractor. 

Perhaps that is an option for you unless you're in a rush to pull your money back out right away?  

@Nick McCandless - Have you pulled the trigger yet?

If it allows us to pull $100k+ of equity out, then it was well worth it though.

But even better is that you'll have enough equity there to where you'll be able to refi sooner and pull all your money back out so you can grow more. 

I am pulling in between $500 to $1,000 from mine each month even at a high interest rate with about 25% down for each. 

One of its key features is the ability to pull comps quickly while ensuring the data is updated as fast as possible.