The investor ultimately tripled the value of the property.  

Loved the Brokers, got tired of the boards.Board members NEED training when they get elected.

Thanks for the comment.

My position as GP is justified with work experience being that I invest and develop for years, and for putting the deal together and bringing the unique opportunity. 

A lot of things you asked about are more risky than they seem if you haven't done them.

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

Often people making the mistake of choosing the right time to get buy a home.

My son will be heading up the effort.  

Since we are out of state, we have to lean on a lot of information from y'all!

Hello everyone,I'm currently in the process of buying my primary residence, and I could use some advice.