There’s a bunch of cars parked in the yard.

.- McGowin Park developed a huge retail space in 2015 which consists of: 199,500- square-foot retail shopping center containing a future expansion area, five restaurant "pads" and 4.5 acres of outparcel development, and the west development consists of a 148,000-square-foot anchor store with an associated gas station, an 89,600-square-foot shopping center and 7.41 acres of outparcel area.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Got hung up on shared parking.  

@Hyun Park Hello Hyun, the whole point of real estate investing is to create passive income.

Overland Park is a great area for STR along with some other suburbs in Johnson County.

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 current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Recently saw 8 unit with 8 car parking sell for $2,675,000.

I hope you and your professionals knock this one out of the park! 

I've looked in Tampa (Hyde Park, Tampa Heights, Seminole Heights) and Pinellas county (Clearwater beach, Indian Rocks, Lealman, St.