Additionally, confirm the transfer won’t lead to property reassessment, which could increase taxes.

It takes walking new investors through the process from real life lead generation to acquisition, renovation and disposition. 

You can learn to do this independently or get a rockstar REALTOR to lead the way.

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.

It could indicate they lack sufficient knowledge or experience in professional property management, which may lead to costly issues for you down the line.

Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Our property management company is 4 years old and nearly every lead we get is from referrals.

I would take Travis advice to heart as he is from the area.My advice was going to be to find an agent or PM or an investor who is making it work and follow their lead. 

If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.