An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

Thanks @Johnny MartinMy suggestion is to partner with a like minded person... and preferably someone like a family member who really knows you... a dad... an uncle, etc that understands the value of passive investing.  

Additionally, is it feasible to manage this without a property manager?

The factors are based by this:Geographical LocationStone (many different to choose from)Thickness (I believe where you are 2cm (3/4") is standard)Edge ProfileCutouts (all are additional)Sinks (who is providing)I would use the figure $45/SF to cover your tail.

This property was very enticing to my investor as the possibilities of a full 3rd story addition would make this one of the largest homes in the area.

In my case, the QTA or Tax Title Services wouldn't work and so we're looking for an alternative like John suggested above.

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly.

Let me know if you have any questions or need any additional help getting set up👍 

I appreciate the additional insight. 

An Umbrella policy provides additional coverage if the limit on your Homeowners or Auto policy is exhausted due to a covered claim.