Hello, I am a rookie who has been studying and getting ready to pull the trigger. 

With serious study and effort and some investment we followed the Vestright training program and tweaked what we needed to adapt to our local market conditions and achieved successful results.

The first thing you should do is study the market you're going to invest in.

Study the market.

I have seen 3 studies recently comparing home ownership compared to renting.  1) 50 out of 50 largest markets it is initially cheaper to rent than own 2) 97 out of 100 largest markets it is initially cheaper to rent than own 3) 95 out of 100 largest markets it is initially cheaper to rent than own.

Many investors are familiar with the concept of cost segregation studies and may have even had studies performed on their properties.

My best advice would be to study up on what areas you think you want to target beforehand, so that when you get here, you're ready to go!

I have a free video and slides on where to find them and a 20 case study if you want to connect with me. 

And let me tell you, doing your research is just as important as wearing sunscreen at the beach.When you buy or sell real estate, you have to do a lot of study to figure out how much the property is worth and how it looks.

Hello all,If anyone is familiar with cost segregation studies, do you know what asset class/depreciable life a stand alone, metal sheet, metal frame carport would be depreciated?