My understanding in this matter, there are several options for selecting the home basis for a cost segregation study:A.

Steven,I'm not in your area so things may be different but we have several carriers here that allow that with no problem. 

It's essential to thoroughly analyze your financial situation, consider potential risks, and make informed decisions based on your specific goals and circumstances.

Do not invest in any city on Neighborhood Scouts’ list of the 100 most dangerous US cities.Low risk of a natural disaster: I frequently read of entire cities devastated by a natural disaster.

Consider your financial situation and how much money you’re willing to invest upfront.3.Risk Tolerance It’s important to consider your risk tolerance when choosing a passive income stream in real estate.

my main concerns are (1) this property has substantial deferred maintenance that you're not aware of, and (2) vacancy and turnover will be high, and together those factors are going to consume all of the cash flow for several years but, it sounds like if that's the case, you're going to back out. 

And problem properties are both effort and risk for more than you want.  

You can also directly partner with flippers but that typically involves a higher degree of risk, and is typically less passive than just holding a note. 

Here's a brief overview of the key steps, legal requirements, and factors that can impact the timeline.Steps involved in an evictionThere are usually several steps involved in the process of evicting a tenant, beginning with issuing a notice to the tenant to vacate the property, followed by filing a lawsuit, and culminating with the physical removal of the tenant and their belongings from the premises.Legal requirements and timelines for each stepEach step is governed by specific legal requirements and timelines.

Not trying to be negative here, I'm just a bit risk averse.