Now that this property is renovated and rented, will you continue to purchase additional properties? 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

Disclaimer: the numbers are all ballpark to give a sense of the positions being presented.Real estate:The venue itself is a covered space that is considered outdoor but has the ability to be enclosed.

@Costin I.Here's an article with additional FAQs on cost segregation studies that you may find helpful:https://www.biggerpockets.com/forums/51/topics/1113749-cost-segregation-faqAs Michael mentioned, you need to use your cost basis in the property for a cost segregation study.

I always recommend State Farm, as their standard homeowner policy will cover your additional rental unit automatically. 

With the current interest rates being cash-flow positive even with 20-25% down with conservative underwriting has been hard.

In year 2 I bought two 4 units, a 6 unit and a 14 unit - so 24 additional units. 

In this way, I could eventually come to a position where it is possible to "self-finance" every new property I buy, and become self sufficient with regard to financing -- This, and still maintain exponential growth. 

Now I understand.Thanks for letting me know that any additional money I would get back is really "nothing".  

@Kirk RobertsIn addition to whats been said..