It’s up to investors to do their numbers and budget for vacancy and operating costs because this will, again, vary depending on the market, size of the home, and plenty of other factors. 

Nice job! 

Can I offset my W2 job with the cost segregation study for my rental property so less income tax I need to pay every year?

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

Otherwise it's just another stream of income like a job. 

Jacksonville's real estate market is characterized by a stable yet dynamic environment, a good number of reasonably priced home options, and a strong economy supported by notable job and population growth.First, as far as market characteristics go, Jacksonville offers a balanced market, meaning that neither sellers nor buyers have a clear edge.

This will bring more logistical operations to the area. 

I will pass.( the LARGER the risk/ loan/cash/ time… the LARGER I require in likely return.)b) RENTAL …same INITIAL investment… at the end… property value ( ARV)..MUST be great enough to1) refi… 2) All cash out is back.. 3) Cash flows positive enough to build ( any situation) 6 month cash backup.4) Property MUST have enough equity so that if I needed to sell TODAY… I won’t lose cash.The above requirements “ appear” to be unrealistic ( todays market) … ONLY becausea) non mature / non savvy “ investors are climbing over each other to out bid on over priced “RETAIL” properties being marketed as “ wholesale deals”b) the Gurus and Real Estate Investor Associations are NOT doing their NUMBER ONE JOB… which SHOULD be…To..”

My clients there have done a really excellent job of producing cash-flowing properties, and there is a lot of growth in that area.

Overall economic conditions in the Austin metro (job creation, corporate investment, unemployment, etc.) still look very robust and promising for this decade and beyond.