Definitely something that should be factored in to returns in some way,  IMHO if your going to be flipping houses at any velocity having your own RE license not only is going to obviously put more money in your pocket but can be a critical component depending on price point.

My only contention are; it's not necessarily a fit for everyone, and, not all syndication experiences would align with your vision and experience of it. 

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.

Whether you're seeking equity, debt, or alternative financing, I specialize in aligning the right capital with the right opportunity—driven by clarity, strategy, and results.Let’s connect if you're ready to raise capital, explore investment opportunities, or build valuable financial partnerships .

I would probably spend a few hours on title search for each one as the other component that is not accounted for is code violations etc.

A good capital raiser will have a plethora of syndicators they work with and can help direct you to ones that best align with your goals. 

Definitely speak with an attorney AND CPA to make sure you're totally aligned.

I’m especially curious about:Creative ways to activate underused land in and around NYCBuilding wellness-focused retreats or rental propertiesConnecting with others doing value-aligned, creative development workWould love to hear what folks are building in this space, if you’re working on small units, intentional living, or even just curious about design and landscape, nature-based land development, I’d love to connect ✨Looking forward to learning and sharing here.Best,Elise

A great first step is clarifying your goals (cash flow, appreciation, or long-term wealth building) and then choosing markets that align with them.

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