Question,Recently purchased empty land, survey indicates neighbor property fence encroaches over few inches to 8+ feet in major area, and another approx. 1,800 sf. parcel off from out empty land. 

Other than referring to it as a survey of rental properties 'in the area' she never revealed the true intent.

Walk away.In order for the lender to obtain the necessary capital to fund that loan, it has to pass an initial environmental survey. 

You have very little control over title/municipal searches or surveys being done.

A true cost segregation study requires a qualified construction engineer or architect to perform a site survey, deconstruct the property on paper and reclassify every asset (there are hundreds often thousands of individual assets in a building, even a small rental) which would take 30-40 hours on a small rental and a few hundred hours on most multifamily or commercial properties. 

Questions for anyone with rental properties out there. What information do you see as most important when looking for a property manager? I am trying to find the best information to include in marketing material targe...

The hidden cost of having to survey each unit and create condo docs with separate deeds can be extremely expensive and should be considered before moving forward with this.

Permitting would require getting engineering drawings, plat/survey maps drawn and completing both City and State sign applications. 

They survey thousands of units in the market and give you the averages of all of the income and all of the expenses. 

Try doing a rent survey in the meantime to actually determine if you are under market on rental amount.