This will cost you $3-$4K, depending on your state, and will allow you access to the MLS.

If I choose to rent, I might make around $200 - $500 a month.

Depends on your goals and the current market.

Depending on the situation, a taxpayer could offset some of the passive losses with active income.

That depends on a lot of personal factors such as your finances.

Depending on where exactly the property is located they may have some different rules/laws in place.

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.

When the time changes we sometimes move that call to Friday evening, so depending on when time change is this year, we may be able to make the November investors meeting.Thanks again for reaching out - I'm so happy to find someone in Maui to connect with regarding investment opportunities.Aloha,Barb

I’m going to disagree with @Chris Seveney and say whether an assignee could force a sale directly would be a state law issue and heavily dependent upon the contract terms. 

Hi @Mike Arias I think it depends on the strategy.