As luck would have it, the coin operated washing machine is on its last leg and is about 15 years old.

- Has washer and dryer: should I keep & only owner use vs building use (free) vs sell and buy coin laundry.Attached are some pics of kitchens and electrical.Thanks,Chris

As a previous manager and an owner I understand both sides of the coin.

Hey, all,In mid April, my wife and I decided to make the leap and buy an investment property. Because we didn't have enough cash saved to put a 25% downpayment on a home for a commercial loan, we elected to murder two...

Boiler maintenance is another must learn fast experience that will test your patience or just add a lot of coin to your HVAC guys pocket.If I could, I'd replace the hydronic system ASAP!!!

, and ways to potentially increase income (can you add a coin laundry or other revenue source?)

If you assume it's a coin toss if rates will go up or down, that means you lose over half the time by going with an option that has "free" float down baked into a higher interest rate or fees. 

On the other side of the coin, they said they were generally offering 6-months leases with rents flat.How does your rent compare to the rest of the market? 

There are some other small value add plays I saw with that building though, such as converting the laundry room to coin-operated units and adding more storage/converting the garage. 

I am not sure who coined the method but I think it was Cody Cox and he called it the dead money approach to investing.