I'm not entirely sure what your CPA is using as their thought process.

It's a simple process.

Get data from your title company or RE agent showing average DOM (days on market) for listings in your subject property area, find out how many homes are currently for sale, pending and sold today, 6 months ago, 1 year ago, 3 years ago.

IRS audits and penalties: Studies that are poorly conducted may be full of unsubstantiated assumptions and errors that can lead to expensive audits and large financial penalties from the IRS.Long-term issues: Dealing with IRS audits and having to correct inaccurate studies can be a drawn-out, stressful and expensive process.

The moisture was initially identified by the pest inspection company, which was done as part of the sale process and the owner didn't see it coming.

Hey all, so I’m currently in the process of doing a cash out refi on one of the triplex’s I own in Fitchburg, Ma.

Gets expensive, but again, part of the process for Texas. 

AND THEN...as part of the process, have to pay legal fees to evict the tenant? 

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Thinking the foreclosure process is similar to repossessing a car and if a payment is missed they can “just take over” the property3.