Determining whether to do a cost segregation study or not has a lot variables.

I would think a lot more about the financial part of this.

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Real Estate Investors:There’s been a lot of discussion about how the upcoming election could impact our industry.

I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term. 

A lot of factors go into this. 

Many pm's are owners of a lot of properties.  

I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.

@Daniel Baker I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.

Quote from @Brandon Larson: It's important to have established policies and procedures, but I wouldn't put a lot of effort into that with only a duplex under management.