If you wait to "learn" about all of this until after you have purchased a condo, it is too late...your options will be defined by the above mentioned documents.

I would like our property lines to be clearly defined because neighbor parks on what we think is our property.

The IRS defines a “quality” cost segregation study as “a study that is both accurate and well documented with regard to” 1) the classification of property into classes, 2) Explanation of rationale for the classification of the property and 3) substantiation of the cost basis of each asset and reconciliation of the total allocated costs to total actual costs.

I will suggest that you clearly define what you what and do some research then go from there.

This is not hard for you to define -- determine all of your bills and your income. 

@Gavin GatesI will suggest that you should clearly define your investment goals.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

Hi Raymond,But who define the maximum amount?

There are many multiunits here which were conversions and the third unit (or more) was never legally defined. 

Multifamily investing has many things to look at very carefully.I will suggest that you clearly define what you what and do some research then go from there.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

It is currently about 20k without any reimbursement but I have checked and I definately qualify for it so I will definately be taking advantage of that.I also have opened a secured card through the bank I work at a couple months ago since I don't qualify for a regular credit card yet unfortunately (I've tried applying for a few of the lowest limit cards but have been denied by them all its so irritating and the reason every time is insufficient credit!!)