It's not like you get to reset depreciation on that piece.However, if you have additional basis in the replacement property (or properties), called the "excess basis" (say you put more cash into the deal), then that piece would generally get a fresh start depreciation schedule.

All lenders "want the deal" but then when it gets into the fine details many times they create goblins that do not exist  / appetite for new construction class A disappears / Loan committee does not like the color of the exterior / the location of the project  / the income projections .

The only reason why I’d like to buy now is because I’d like to take advantage of the excess overtime my job offers, to just get my foot in the door, and begin in what I KNOW will be the beginning of the rest of my life ( real estate, not my current job ).

I think the ADA concern is excessive and this person sounds like they don’t know what they’re talking about - someone call me out here if I’m way off base!

Even though we're off the gold standard, look what happens to precious metals (a safe harbor) during excessive inflation... their stored value goes through the roof. 

There are an excessive amount of smart people in and around Huntsville because of NASA.

That certainly seems excessive.

Sure you are saving X amount for certain expenses but if you get hit with 3-4 big replacements in a year and you are already not making any excess cash-flow you are going to be paying out of your other income streams.

So, in your example, they would represent you free of charge initially, and then collect, say 33% of anything you get awarded in excess of the original offer. 

Or you could do multiple hurdles (80/20, 70/30, 50/50) depending on the upside, your track record, investor appetite, etc.