Read this:https://www.biggerpockets.com/forums/51/topics/1075919-five-...Finally, taxes is not a valid reason to buy real estate.

for example - here's what not to do:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/963/topics/1195280-expe...

Stuart you bring up a point that reflects a whole subject that’s a topic onto itself.  

buying a money pit you haven't seen in a market you don't know thousands of miles away, and then being beholden to agents and contractors and others you've never met.https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/963/topics/1195280-expe...the market right now is unforgiving and it's going to take something difficult or creative to be successful. 

Example https://www.biggerpockets.com/forums/55/topics/1210303-rooki...

TenantCloud seems to be a hot topic, here is another posting about it.https://www.biggerpockets.com/...For 1 property I wouldn't even look at TC or any other software that charges a monthly fee.

All of the risks of "subject to" then come into play (with a "wrap"); read this thread:http://www.biggerpockets.com/forums/83/topics/86029-subject-2-protection-from-calling-mortgage-due

Really great topic by the way.

Here is a post https://www.biggerpockets.com/forums/44/topics/1080563-build... that shows some before afterI am super curious and would be interested to hear on your findings.

Here's an article with additional FAQs on cost segregation studies that others may find helpful if considering a study.https://www.biggerpockets.com/forums/51/topics/1113749-cost-segregation-faq