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.

Looking for long term financing on a couple of deals in Newark.

Investment Info:Single-family residence buy & hold investment.

In terms of loans, due to high income, loans won't be an issue but since I already have a 40 hour a week job, it will put a restriction to how much I contribute in Real Estate.

The new language of your updated agreement should express the existing entity being a holding company consisting of passive transactions.

The short answer is supply and demand. 

Do you know the terms - interest rate, years, does this amortize over the life of the loan, does it have a balloon payment?

I would not invest in real estate using a retirement account.Harder to get a loan, if you do, the terms are worse and you have to worry about UBTI.Potential RMD concernsPotential having to sell the property if you don't have funds to fix the property if the property needs rehab.best of luck.

It doesn't exist yet. 15% down will most likely be at a high 8% rate and you may get an LTV reduction with it being a short term rental. 

Investment Info:Single-family residence buy & hold investment in Austin.