My question is will those home builders put pressure on that gas station owner to improve their business appease wise? 

All, I have formed 2 LLCs: 1) manager managed (parent), called LLC A; 2) member-managed called LLC B.  My wife and I are managers/members of LLC A and LLC B is member managed and the sole member is LLC A.  I just rece...

Your question is misguided, though. 

I 100% agree with what you said above regarding rental income vs. real estate price ratio.

But classifying your depreciation (either the leftover annual depreciation after taking bonus depreciation, or the regular amount of depreciation if you didn't take bonus depreciation) can be taken as an active deduction against your W2 income for as long as you materially participate in the property.Disclaimer: I'm not a tax professional so not financial advice. 

Let me know if you have any other questions about the area, or whatever.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

I'm considering purchasing a property in a city where the average household income is around $50k per year, and houses are selling for $250k to $300k.

I've been googling and see where others have had this same question, and were not getting anywhere with the company they hired.  

I thought that was a good question so I am asking you all.Does anyone have a good idea as to how we get paid for setting this up and what structure needs to be in place for that to happen?