This is out of an article that should help you get your research started: A taxpayer may not deduct losses sustained in the demolition of buildings and their structural components.

Remember Brandon Turner’s article on “How to Make $100,000 per year” – you can read it HERE.

I think the reason is my lack of education and experience in this topic of investing.

@Brandon Salimi Here's an article with additional FAQs on cost segregation studies that you may find helpful.

Would appreciate advice on whether or not I’m going in the right direction with  the business plan Iv created.Other topics I’d like to discuss… -Should I start an LLC before first purchase.

Need help from the accountants out there, there are a lot of posts on this topic but none I could find that address this question and my CPA wasn't much help (may need a new CPA)...I just moved my buy-and-hold rental from my personal name into an LLC as part of a commercial refi.  

This article about your Core 4 members to long distance real estate investing will be a good read. to All the best!

I wrote a post on this topic when it first came out that you can read HERE.  

Adding a note here in case others are looking for resources on this topic.

You can reach out to your local (state) Self Storage Association, peruse topics on You Tube, and certainly many, many forums here on Biggerpockets with quality folks & quality content.Regardless, of how you piece your learning together, everything (soup to nuts) for an Acquisition is either FINDING a lead, EVALUATING to determine if it's a deal, now you're in the PURCHASING phase, and after you close, now it's all about MANAGING.If you think that at times it makes more sense to build than to buy, then you'll want to learn about Development & Conversions.