Correct, but according to the IRS Publication 5653 Cost Segregation Audit Technique Guide this IRS prefers an “onsite” visit.

They are solid, secure, and can be installed with just a threshold, not a full sill.

I would also suggest that you contact your local Public Housing Authority (PHA), which usually runs the Section 8 program and might have knowledge of other local resources or particular housing initiatives that may help you find a qualified tenant, such as project-based vouchers (linking the money to your specific unit) or, in some cases, housing programs for veterans (HUD VASH) or other special populations that may need special housing assistance.

The company is even expanding globally and now offering public investment in Pacaso itself.

You have have a few things contributing to that like over priced homes, rents coming down, increased  contract defaults, Mortgage rates now dropping fast causing a rebound from renters market back to buyer's market.Unless your into and secure with section 8 and have confidence in that contract and security it is tougher than 5 years ago. 

The total cost is not unreasonable, but I am questioning if it's all truly needed.To give you a better idea, he has a few packages available that scale up in price and services:Bronze ($497): Includes LLC formation, a custom operating agreement, and a year of statutory agent service.Silver ($897): Adds the EIN, an LLC operations manual, and some ongoing compliance/task alerts.Gold ($1,397): The most comprehensive package, which includes a revocable living trust to keep our names off public records for privacy/asset protection.The 70+ page estimate came as a surprise, and it makes me question if this is a standard requirement for a new partnership.I'm hoping to get some insight from those of you who have created similar partnerships:1) Is this a normal process?

Looking to schedule under delayed financing exception, from the lien being recorded, paying it off at closing, and the transaction mimics a cash purchase.Concerning the property transfer would be filed as form 709 (life time gift exception) from the current owner to me.As well as the note is receivable, essentially they are lending me money secured by the property.

You can generally find most of this on public websites but the seller might have some info also.Are you talking about keeping the existing structure or are you scraping the lot and rebuilding? 

It also keeps your name off public records in many states, makes partnerships cleaner, and looks more professional when dealing with contractors or vendors.

That equals fear for most on main street, not safety or security.