Hello everyone, I'm an engineer in Richmond Virginia.

Also, check out Tenant Cloud if you are looking for a more robust PM software. 

I have two engineering degrees, but was "saddled" with $40,000 in debt when I entered the workforce.

I want to know what all comes with the process and is the process really as simple as having the lot surveyed, finding builders for the right price and getting my floor plans stamped by a structural engineer and approved by the city ?

An inspection is certainly in order, but a traditional inspector might recommend an inspection by an engineer. 

I've been listening to the BiggerPockets podcast on my commute to my new job as a mechanical engineer and, while I do not see real estate as an escape from my 8 to 5,  I know that travel, company ownership, and having a family are all possibilities for the future.

I’m looking for a structural engineer to assess a foundation-related issue for a primary residence in Cincinnati, OH.

So, I'm noticing some good values in the area downstream from the area flooded by the Army Corps of Engineers.

A lawyer or engineering firm can help.

It's like you're saying but a bit more complicated.True, there are components of the property that depreciate over a faster life5-year = Personal property (furniture, fixtures, carpeting, appliances, etc.)15 year + Land improvements (landscaping, pavement, fencing, etc.)BUT, according to the IRS it should be done through a quality engineering based study, otherwise known as cost segregation.