Here's an article with FAQs including the cost of a study.

Quote from @Max Bellino: I’m looking for guidance on whether it’s worth opting for a rapid report for a cost segregation study, which is less expensive than a full site visit.

@Eric Lowe Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

They will generate a report to you based on their findings.Type 2 - conducted by an engineering firm where they will have you complete a questionnaire.The questionnaire will ask you details regarding the house and therefore, I would recommend having a home inspection or appraisal at the time of completion.The above two studies have pros / cons and differences in cost and turnaround time.Best of luck.

Does anyone have any good studying material for this exam or have any insight on what I should focus on?

They are billed as "a scientific approach to single-family rentals" and use "institutional grade property management," which usually means they are a tech company in real estate and likely either don't have the existing property management relationships in each area or you chose an area where they don't have enough units through Roofstock for the PM they chose to care.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

Just wanted to give an update on my original "Morris Invest Case Study".

I love algorithm based cost seg studies.

We put $75K down to begin with and likely have $85-100K in equity ( depending on what non-scientific source you check since I haven't had a full appraisal done) on it.