But, while these taxes may be paid at closing, they're not really considered closing costs for the purposes of deal analysis. 

My initial analysis failed to account for depreciation expense. 

I, together with two other new investors, are in the infant stages of vetting potential investment properties.

Additionally, it covers the finer details of the real estate investing process as well as the various stages of investing. 

Do anyone have any advices or tips that you wish you knew in your beginning stage of investing?

And if we are crazy enough to *try*, what are some general things we should think about in our analysis, while compiling marketing materials, and when approaching a behemoth commercial deal?

As for accounting, QBO can help with income and expenses, loan tracking, cash flow analysis, and helps make tax time a breeze for your CPA, if maintained properly.

He has quite a bit of experience in buying and selling real estate himself as well so he should have some professional/personal insight.Also at this stage we are having them uncover the tank to ensure it is still there and at least start assessing the condition.

Because you appear to have no deals in the pipeline, you necessarily can only make the second kind of presentation: one describing your (i) general business plan/strategy for acquiring and turning projects; (ii) market analysis; (iii) a statement of your qualifications/experience; and (iv) references.     

- We will now use staging.