I'm not entirely sure about the security of it yet, but the idea of having a trained tool that can act almost like a VA within certain parameters is really exciting.For me personally, I've been able to create tools that really reduce the amount of back and forth I was previously doing to track internal metrics, and reduce the need for spreadsheets, etc.

With a cost seg study, you can break the building down into its component pieces and accelerate depreciation.

I have spoken to some investors and told me they worked with firms that do engineering-based cost segregation studies to break the property into shorter-life components.

If the tiny home is permanently affixed to the land with a proper foundation and utilities, it’s generally treated as real property and eligible for depreciation, including accelerated components like electrical, plumbing, and certain fixtures.That said, on a $100K structure, you’ll want to weigh the benefit against the cost of a formal cost segregation study.

Hi Naveen,Great that you built your own sheet, that's honestly a great way to really internalize the numbers.A couple of things I noticed looking at it:1.

I currently own 4 units and am focused on scaling my portfolio throughout North Carolina.My focus is on small multifamily deals (2–24 units) with a value-add component.

Zero permits on $1.8M in claimed renovation work means any future property damage claim on those "renovated" components can be denied by the carrier.

My bigger concern is that this is a lot of work and risk to break even on the value-add component.

If you don't know where or how to look for signs of water intrusion; pests; safety issues such as faulty or illegal wiring; type and age of plumbing system and components, doors, windows, siding materials and roof systems and other systems or elements then you have no choice but to pay for someone else's knowledge.

My customer service sector manages a lot of my internal affairs and we've undergone many changes during this ongoing pandemic that have disrupted business.