@William Thompson This bill is truly a game-changer, and I’ve got a few thoughts on it:The ability to fully expense components in cost segregation studies (instead of just 40%) means more predictable year-one tax savings.

I don't know enough to comment on your specific market, but city seems pretty strong from what I could see a couple of times passing through.A couple of things you should know:Condition of all the components of the building HVAC, Roof, Plumbing/Sewer. 

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 100%, a $1 million gas station acquisition could still lead to $200K+ in year 1 deductions depending on the specifics of your deal.

IRS FAQ on Bonus : "(a) the property was not used by the taxpayer or a predecessor at any time prior to such acquisition; (b) the property was not acquired from a related party or component member of a controlled group; (c) the taxpayer’s basis in the property is not determined in whole or in part by the seller’s or transferor’s adjusted basis in the property; (d) the taxpayer’s basis in the property is not determined under section 1014(a) or 1022, relating to property acquired from a decedent; and (e) the cost of the property does not include the basis of property determined by the reference to the basis of other property held at any time by the taxpayer"

Quote from @Henry Clark: Just a note on one small component of our Advertising efforts.We do Self Storage. 

Go to suppliers and price components.

I'd make sure just how much extra tax benefit will open up for you annually compared to the cost of the study.You are exactly right - a cost seg will get deferred in a 1031 exchange as long as the property you are purchasing is roughly the same components of things that were cost segregated.

One component of our communication consists of monthly news updates on the portfolio and individual site performance, which are uploaded to our investor portal, including monthly reporting of financials and individual facility performance.

Right it is important to recognize the emotional components to investing and make rational moves. 

After 45 years as an investor in real estate, REITs, limited partnerships, businesses and as a general partner in real estate and mortgage note syndications, as well as manager of real estate funds and high yield mortgage funds, I can tell you that the number one component of long term, sustainable investment success is STAYING POWER.