I would have an engineer analyze first and do the work they recommend.

Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.

First - I think your accountant should be providing you recommendations for cost segregation companies.It it most likely, if he/she works with real estate investors, that he/she would have a couple to recommend.Second - There are two types of cost segregation studies.Type 1 - Conducted by an engineering firm where an engineer will inspect the property.

I've worked with a client in a very similar situation, and have spoken to many inspectors/engineers/builders, etc about things like this.

Would like to do more ponds on our Country Subdivision projects here in Iowa, but the Corp of Engineers governs these, and this same pond would have cost $80,000 to $120,000 for the "Right to build"; not to actually build here. 

For example; you could target high earner W2 IT engineers.

They wont let a diesel truck operate in the state with an engine over 10 years old , because of emissions .

You have a personal issue- car engine blows up, so you tell your tenant that they need to pay double the rent for one month so that you can get your car fixed?

At time of purchase I had a couple of engineers over to look at a couple of things.

We do engineer hardwood and no Lux viynl like our competitors So all these things probably cost me 25k pre house but we have been selling them for 100k higher than Lennar for same sq ft and have created the highest priced development in town. we are approaching 400 a foot for finished product which was unheard of in Canby Oregon.U can see the homes and the finishs if you go to  Ivyridgeestatescanby  dot com.