We lived in Texas for 13 years and just moved up to Maine in June of this year.

The main reason to do a cost seg study is to generate bonus depreciation, which creates passive losses.

I'm about ready to retire so I'm not looking to compete in a bidding war, mainly looking for a fair deal that I can rehab or a turnkey with some cash flow. 

Look up @MarcusMKE, that is my main channel.

That being said, this is mainly doable for folks taking on cosmetic rehabs with great time management/construction management skills.

The main issue is land... or lack-there-of.

Cash flow is mainly a mechanism of leverage in the deal.

It's my understanding that the city is responsible for all the piping up to the curb stop in my front yard and I am responsible for the curb stop to my property.Yes from the water meter to the house is generally the owner and from the main line to the meter is generally the city.. 

We mainly own SFR and do LTR but last year we added our first STR and its been a great experience.

The main property will be my primary residence.My biggest question is, what kind of foundation would you use, (that is to code and will pass inspection/permits in Charlottesville) that is either relatively easy DIY or cheap to outsource.