The output was instant in the form of a PDF which was pretty simple to follow and enter into TurboTax in the depreciation section associated with your rental.So to summarize, I was pleased with the quality of service and the cost segregation tool/report.

You closed in December, meaning your first mortgage payment was probably due Feb 1, but it probably hasn't reported to your credit yet.So, to summarize:- You are now several hundred thousand dollars in new debt.- If you're a first time buyer, your credit history probably has zero track record of managing hundreds of thousands of dollars of debt.- You have zero on time payment history on that debt.

I know I'm going to have set backs at some point, but to mitigate that I'm asking questions here, and trying to get some pointers before I just jump off the cliff ;)But, to summarize what you're saying, you're advice is to stay away from MHs because the profit doesn't outweigh the work?

Very succinctly summarizes many of the techniques I use myself when evaluating properties, the most critical of which is filtering out those listings of $1k/night from the owner that just rents out their unit 3-5x/year and blocks it off as unavailable the other 300 days/year.

Lastly, you should be underwriting at 10% Vacancy factor, not 5% (which is your best case).So to summarize, your total expenses including vacancy should be at 40% or more for underwriting based on the details you have provided thus far.

.: 114 pages (to date) summarized visually  

I like what @John Casmon summarizes, do as much homework on yourself as you do on what the coach is offering to see if a match.