I'm dealing with a tenant issue at the moment and, honestly, as an out of state investor, I prefer the option that will resolve issues most effectively.

We haven’t pursued that a great deal but we’re open to all creative ways to structure the deals, so keep’m comin. :) If you have insights regarding best practices for offering and/or structuring the equity idea over seller financing, I’d love to connect and chat about it.

You can use that for marketing to get deals and then partner with people with money...

Cash is king and I see people make money on a deal and buy a car or spend it on their lifestyle - I did the opposite.

What made you interested in investing in this type of deal?

Pros for new construction:Lowest insurance premium, in FL is a big deal.

You are not crazy :) cap rates on storage got pretty crazy in the last decade as the space has become crowded and money was cheap, starting to see some reversal of that now, but its tough to find deals at a true 10 cap (10 x NOI or NOI / .10).

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 current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Does anyone know what kind of lender willing to offer financing with 10% down for this type of deal?

Renting allowed them to cover costs and build equity, while selling in a hot market helped them capitalize on the home’s increased value.Let me know if you’re interested in financing options for similar deals, happy to assist!