If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion? 

@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

The 1031 exchange will indefinitely defer all tax on profit and all depreciation recapture.

Low barrier to entry, low taxes, landlord friendly, and areas that appreciate + cash flow. 

Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.

Will the property taxes skyrocket?

Make sure you do your math correctly when analyzing property taxes…they will be eye opening.

Getting a DSCR of 1 in some of the higher tax counties of Georgia is tight, but we've been able to get through them.

My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.