I still can hear upper management justifying keeping an agent that at best was incompetent by advising they sent us more premium then they cost in claims. 

Of first knowing do you have market demand to justify the product.     

Anytime you feel like you're having to justify your offer or convince them of your value, it's safe to say you are not talking to a motivated seller.

What else do I need to do to justify this for the IRS? 

You may have to look in a lower priced market, a lower class of area, or another state's market to find the ROI you're seeking or try to find a way to justify lower ROI if you're dead set on that market.

Advice seems to be running 10:1 toward don't buy, with well justified reasoning.

You would have to have a large portfolio to justify having a dedicated vehicle.

Hi @Fred Sams,No, my CPA informed me that the purchase price of the storage facility wasn't enough to justify cost segregation.

I have to do a clean out, not enough material to justify a dumpster and permit costs.

We did do some upgrades to the rooms to justify going from the $60-80 price point when we bought them up to the $135-185 price point but with added marketing and internet presence both properties doubled their occupancy rates.