There are two types of cost segregation study companies.1 - An engineering firm where a professional will stop by to analyze the property and provide you a report based on his/her findings.2 - An engineering firm that will send you a questionnaire.

They have all utilities on the property so we use electrical and then every couple of weeks we run a water hose to an external tote we use for our water.

To manage this, find the average electricity, water, and gas usage in your area.

He earned quick money as a wholesaler, and I have a house to keep)Rehab cost: $20k (vinyl floor, interior paint, new dual pane windows, new toilets and bathroom vanities, lights, new landscape, new AC condenser, all done by handyman, spent some extra money for minor plumbing and electric jobs, hydro jet sewer lines, clean up attic (had mice), added some insulationTime spent: 3 weeks (two handymen for the first two weeks, one for the last week)Value after repair: probably around $440kJobs still need to be done later: some dryrots, roof work (it's tile roof, roof doctor quoted me $9k, handyman said probably $5k, home inspector said $15k you can get a new shingle roof.

I go through all my parts obtaining private funding, getting contractors set up (meeting dozens of them to find the right ones), and I’m about to get my civil engineers plans for the addition as well to propose to the town the day after closing.

Being a very handy person and an engineer, I feel confident that I will catch all issues.For example, I just noticed that I have a couple of loose electrical outlets.

If there is an area where you are not as confident like plumbing, electrical work, etc... then you can always find a subcontractor for that. 

This means, no electricity and no water as the well can't pump - which also translates to you get one more flush on each toilet and then you are done.  

Hi,I'm a Security Engineer by day and looking to learn more about real estate investing.

I am also looking for part time as I already have a good paying engineering job that I enjoy.