Most international investors I talk to are terrified of the 'Black Box' of remote management.

In my opinion, International Living is scraping the bottom of the barrel. 

Sure there will be a finance and numbers component but from the limited development experience I have, the devil is always in the details and its always solved via relationships at the local level.  

I'm real-estate investors from Israel, looking to purchase my first investment property in Cleveland Ohio, for buy and hold.I would love to connect with local real estate agents, investors, and property managers who can provide recommendations for good Cleveland neighbourhoods and suburbs to look in my price range of $100K - $150KIn addition to buying my first property, I'm interested in continuing to invest and collaborate with local real estate professionals and renovations contractor in Cleveland.If you have experience working with out-of-state or international investors, I'd love to connect!

Much easier on new construction than an existing building as long as you have good receipts along the way for building components.

I don’t think it’s one answer as with many things it depends. 5% is probably to high for a fully updated property taking into consideration the major components.

With $1.2M+ in properties and significant rehab, the depreciation benefit could be substantial - but so is the audit exposure if you get it wrong.The issue isn't that you'll be "no where as thorough" - it's that the IRS prefers engineering-based studies with detailed component breakdowns.

As a CPA, why would you not also recommend she divide up the component costs of the renovation(ie cost of cabinets, floors, etc) into separate depreciable components, getting 80-90% of the benefit of a renovation cost seg without the cost?

Look at the major components: roofs, siding, kitchens, baths, furnaces and ac units.

Yes,  they measured all components of properties and split them into different depreciation categories.