This method is helpful if there are time constraints on obtaining a cost segregation study, but it is not the most accurate.SAMPLING OR MODELING APPROACHIn this approach, a cost segregation study is performed over a sample of a large portfolio of properties that are very similar in terms of appearance, use and construction.

Similar for bathrooms if virtually all are multi bathroom but you find a single bathroom, making it multi bathroom via new construction could be a value add.There are more sophisticated value adds such as add multiple adus via bonus density program.  

Randi, the program is definitely worth the time, effort and money spent.

I am not affiliate with these programs.

I am not a member in any "gurus" programs nor am I foolish enough to believe that the whole picture is provided by these gurus.

There are many who preach this program but the reality is if you run the actual numbers I would argue that is NOT the case.

Now it appears they can set up a Fincen Identification record which puts the pressure on the partner vs the partnership but penalties could still accrue.   

It’s a great way to start building equity while offsetting living costs, and programs like FHA loans can make it easier to get in with a lower down payment.Since your parents are open to diversifying into real estate, that could be a big advantage, especially with the equity they have tied up in their property.

Also Ms.Erickson somehow you applied online to us for more information about our loan programs.

Either would be a great option; I'd probably choose Roseville because it's more established, but the City of Elk Grove deserves a lot of credit for its impactful growth programs, so it wouldn't be a bad option.