. :( That's unacceptable by any reasonable standards of inspection diligence, whatever they protest.

Thanks all.I agree the total cost needs to be a known as part of my due diligence up front.Fyi, 2 sets of utilities are already present, one for the mobile home and one for the log cabin.

It will only benefit the GP (who uses the partnership money to order the cost segregation study) and all the middlemen involved, while it will significantly increase the losses for the LP requiring them to file the state return or risk not being able to capture the losses in future.

For those of us unfamiliar with the concept, can you please explain what a due diligence fee is?

They need to do their due diligence on the tenants and factor that information into the deal (leases, how many people per unit, etc.).

In NC, that would be equivalent to something like a Due Diligence period, or an Escrow period in other states (I believe).

Used to happen all the time during due diligence period of company mergers.

Pretty much every Phase I or II environmental site assessment I've ever seen references past studies, and not just studies done by the same company.

Examples of deals you’ve done are much appreciated for case study 📚 comparisons.

I’ll continue my studies as I have been and decide what fits my needs.