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

Hi Kadia and Bigger Pockets' Friends, I'm currently in the same process as you and will put it under our LLC using our EIN number. 

Thoroughly vett the applicant and make sure they are aware of the process.

But if it comes up I have the paperwork for that situation and they've accepted the process. 

It's designed to bypass local regulations if it's not vetoed by Desantis.

I am watching him because he has some great insights and his failures will keep me from making those same mistakes.I'm doing my first STR in North Phoenix (Near Scottsdale) in a $725,000 5 bed 3 bath full house with pool that I bought and I'm using high end design, so my experience will be totally different than his.

Skills as both a designer and general contractor along with quite a bit of luck.

I started local because I was more hands-on and wanted to experience the process.

Engaging in the process led me to investigate real estate investment and subsequently to BP.

So, I designed my own software to do this for me.