But this is an overall guideline.

Even the American Institute of CPAs (AICPA) recommends that their CPAs get a cost segregation study done on properties over a purchase price of $750k.

Hey @Michael Martin, at 55 with a plan to retire at 65, most advisors should recommend debt pay down and more conservative investments as you enter the wealth preservation stage of life.

They'll make you rip open the walls to inspect and then reclose them up on your dime.I'd say follow the municipal and lender guidelines as closely as possible for rehabbing, you'll feel better knowing your bases are covered.

@Anthony BeltranStrongly recommend against this.

Do you have any real estate agents, with experience with OOS investors, that you could recommend?

I'm looking for recommendation on contractors in the Memphis midtown area to help me get it looking good!

I have been doing my fair share of readings but i have a lot of questions that pop up and wonder who i can reach out to More info on my financial status if anyone is willing to give recommendations:10k in roth ira3k in high yield savings (paused to pay off debt)6500 in student debt200 ish in credit card debtestimated 4.5 months to pay off. 2 current part times (only been at each a year)expect to go full time on 65k salary working at brick and mortar bank and use college transcript as 1 year and pay stubs as other forms of evidence of a jobfather will be able to aid 20k as gift and if need be added as a cosigner for better approval rates.my goal is to save 50k, debt free and look for houses, however, could this be done sooner with other thank you for any and all advice !

To make the most out of this, I recommend posting what your goals are and see if anyone has any insight that can help point you in the right direction.

Looking for recommendations for learning material you've found helpful.