In our area, it is rare to find a gas station where the real estate is owned by the operator.

Since you would be dealing with maintaining a gas tank I would have all electric except a gas fireplace. 

I am currently an Asset Manager for Multifamily Deals as my W-2 job and looking to buying my first deal in College Station/Bryan Area.Anyone I can connect with to pick their brain on different investing strategies? 

When I think of Blythe, CA travel centers, gas stations and fast food chains come to mind. 

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

Former gas station with leaking under ground storgage tanks7. woodland with all the trees clear cut8.

Call the mechanic or gas station up the street and ask the owners if they know someone.

I've owned 2 houses in College Station/Bryan (Texas A&M University) for 8 years.

Unkempt lawns, trashy or broken down vehicles, mattresses and trash on empty lots, boarded up houses, bars on windows, dealers and hookers on the corners, the lack of stores or gas stations, occupied properties are dilapidated, etc.Or when Google maps shows stuff like this:

In my current roll, I manage 17 shopping centers of various sizes and select sites for new gas stations in the Arizona market.