Otherwise, have a team of a responsive and fast moving title agent, surveyor, engineer, environmental team, lenders (brokers definitely help shop deals faster than you would and have relationships to push things through that we couldn't necessarily get done as quickly) and lawyers to get your due diligence, lease review, title review, etc. done fast.

I heard about it from a good friend who I frequently chat with about real estate investment and both of our goals for our futures.A little on my background: I obtained my B.S. in Civil and Environmental Engineering from the University of Virginia in 2009 and have worked in project management in the construction industry ever since.  

@Scott Graham Welcome.Congrads, once I figured every discipline Engineer was getting more than me as an Architect I went into Mechanical (HVAC).Lot of meetings around, ours of course are the best!

If you hold beyond these time frames, the compounded impact is exponential.Some investors combine cost segregation with bonus depreciation and they don't pay taxes for many years, they reinvest those savings and drive their after-tax returns up.The tax code is designed to stimulate commerce and this treatment gets investors to transact (which generates income for brokers, inspectors, appraisers, agents, title companies, attorneys, contractors, engineers, regulators...the list goes on).

A good firm will hAve all engineering cal done and engineers on staff.

You will probably have some engineering costs to develop a site plan and construction costs to build/power your sign.Jim.

Helping a buddy look for a structural engineer in the Atlanta/Metro Atlanta area.Available quickly and affordable are key for this situation.appreciate the referral...kyle

We do own a second property which is a rental to a family member.We're mostly interested in rentals/buy and hold, but a rehab/flip would be interesting if we could find the right deal or partner with others.By day my wife is an engineer, and I'm a safety manager for a very large speciality trade contractor.  

It seemed really complete, I am thinking not doing a second inspection, but instead paying a structural engineer, plumber and contractor to get quotes on the repairs suggested.

You would also need to hire an architect and engineering team to design the units and layout the site design.