It’s 100% for properties bought this year.

This is relying on a 35% expense ratio, which I believe many would argue is conservative and should be higher.Round Number Case Study:$12,000 Monthly Collected rent$4,200 Monthly Expenses (35% Assumption)$7,800 NOI$7,800/$500,000 = 15.6% cap rate

The first construction project after college that I managed went really well, and there I am thinking wow this is easy and the next three were extremely complex and made me realize “oh wow this is not as easy as I thought it was”.

It sounds like you’d definitely benefit from doing a study since your wife qualifies as a real estate professional.

I appreciate the detailed advice.

@charles @Charles Ayanlekeinteresting read - thx for sharing. 

They do not charge between $2,000 to $5,000 for a study.

I have been looking at Cost Segrigation and 100% bonus depreication.Has anyone ever done one for a single family home portfolio?How much was it?Was it worth it?

Can you recommend how I should go about finding a good firm to do this study in North Alabama?

I read it after I had already done maybe a half dozen brrrrs.