Maybe I'll post is soon.

Hey Michael,Gas stations are a weird, insular world that, to be honest, even I am hesitant to divulge too much about because I don't want a google search to pull up one of my posts of these forums and bite me in the butt later. 

@Jorge AbreuGreat post.

It can break both good or bad, but as you said on another post, Nathan, the game is about holding onto property through the years and decades.

sorry, I can’t seem to delete my post.

I agree with the above post.

Assuming you didn't accelerate deprecation ( which your original post hints at you did not) you should not have any depreciation recapture. 

It will be a lot easier to do any work pre-move in then post.

On the other hand, if cap rates remain stable and you sell at a 5 cap, you'll be ecstatic because you'll blow through your projections and post all over BP what a great deal you just did and why you are the best investor that ever lived.Now let's say that you underwrite to a 5% exit cap and you are satisfied with the forecasted performance. 

Can you post a couple of pics- looking down the length of that side of the house to show the grade, maybe the entire yard on that side and your rain gutter downspouts?