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

I would appreciate any positive or negative comments on your experience with this investment opportunity. 

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

Just remember: most negative reviews are written by problematic tenants.

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.

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.  

The cost to build will be significantly more than the amount of “value add” of an ADU putting you in a negative equity position.

Prices haven't fallen, and rents haven't moved up enough.Investors either need to work harder, be more creative, accept negative cash flow, or sit on the sidelines. 

I know it’s going to take a lot of digging and possibly building my own pipeline for off-market leads to make this strategy viable long-term.

They're building apartments/homes everywhere here in Tampa, which leads me to believe that the market here is going to be over saturated.However, I am no expert so there's a lot I could learn.