I also treated studying like a full-time job.

Unless you use a local professional familiar with the market, who you trust, best way to know a good deal is to study the market.

I can share more insights in the near future, but I believe it also assists with estimating flips.

Also, the benefits of a cost segregation study can vary based on a multitude of factors.

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

Do you assist with rental management in the 53206 zip code maybe around 16th /North?

If there were any type of remote assistant role in helping someone with their business, while also learning we would love to hear more.

Study the market.

Depreciation Strategies: Am I maximizing depreciation deductions, and should I consider a cost segregation study to accelerate depreciation?

There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.