What is the comp set that's being used to come up with the "market" price? 

What's the average price per acre and how did you know it was deal?

If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find  a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is  My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.

I know the prices can be high, but there are definitely opportunities out there.

It's a total gut job but I believe it's priced accordingly - I'm going with a contractor today to get some numbers since the area it's in houses have sold for over double.

Also, can anyone recommend a solid accountant for everyday investors who can provide reliable advice and is reasonably priced?

Given that these properties are tied to prices from 3 years ago, we don't want to risk losing the deal by splitting up each property into a separate contract.

We should try and stay away from personal anedotes whem comparing investment vehicles.

In our state (Washington) if you own more than 4 they ask for the other unit rental prices.

Credit score- the higher the best. 760+ generally gets best pricing for investment property loans with most lenders.