Additionally, a higher occupancy often translates to more frequent disputes among tenants.

This is why it is important to make sure your day to day operations are run properly and every vendor who performs work at your property and /or on behalf of you is properly insured and you are added as additional insured under their policy (not merely a certificate holder). 

@Forest Wu Here's an article with additional FAQs on cost segregation studies that you may find helpful.

I'm exploring other markets at the moment.

A lot of my clients have gotten stuck with major loan payoffs if they decide to sell their homes as they really don't add any equity here and most buyers don't want to take on the additional loan, some have had their home owners insurance drop them, and like you, they ended up costing more then just paying your electric bill. 

Additionally, real estate isn't rocket science.

He may have an explanation that you did not explore (see above) that the judge agrees with and tosses your case. 

I want to explore BRRRR.

Hi Josh, Additionally, consider building conservative assumptions into your financial projections to account for potential market fluctuations, economic uncertainties, and unforeseen challenges.

With local home and land prices so expensive, I'd like to explore building a Tri or FourPlex on the back half of the lot.