When I hear of historical significance, I think of an old building with significant cap ex, and functional obsolescence.

I also converted the other side of the property (it's a functioning duplex) into an Airbnb / Short Term Rental.

Not a major rehab - flooring, paint, and some misc. work  - not a full blown renovation.PS: I wish BP could really have a search function because the current one sucks. 

With these RE coaches, there's no type of certification and buying a property is one of the largest financial decisions people make.

@Timothy Fortin As Michael's superb content here and elsewhere emphasize, cost segregation services are tightly intertwined with broader tax functions typically provided by accountants.

Stealing the equity in your largest asset at the time because of your ignorance and desperation.

As mentioned I have been doing this for over 20 years single family homes to working for three of the largest multi-family companies in Columbus.

The city approved rental license inspector essentially just tested to make sure there was access to hot water, access to heat, no unsafe conditions like exposed electric wiring, CO/smoke detectors present/functional, fire extinguishers present/not expired, etc.

Doesn't Buildium have an accounting function though?

The difference in being able to apply more money to the HELOC functions exactly like making a big chunk payment to a mortgage, which significantly reduces the interest accrued over time.