The amount of digital ink that is spilled on this site about LLC's and how to set up complex structures  by folks who can hardly be called investors is a bit maddening to me as it keeps folks from actually investing dues paralysis by analysis due to things that really do not mater a great deal.

This is classica analysis paralysis fodder.

They now say that we need to do technical analysis to prove water is coming from their unit and not from any other unit. 

Research the neighborhoods you're interested in to identify areas with growth potential, strong rental demand, and favorable appreciation trends.Financial ImpactCash Flow Analysis:Perform a cash flow analysis for both scenarios.

Cost-benefit analysis needs to be done.

@Gagandeep SinghYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city.

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

The bank underwrites the loans using a traditional "market" rent analysis for the property. 

Keep in mind non homestead taxes when looking as well when running your analysis.

That was a fantastic analysis!