What works best really depends on your goals and risk tolerance, but here’s a quick rundown of what I’ve seen happening in the area:STRs: These are still solid in vacation-heavy areas like Naples, Fort Myers, and the barrier islands.

@Manuel Angeles affordable deals depending on size can have multiple funding sources….

Depending on the rents and condition of the property, you could find a value or at least a price that would cause it to sell.

Richmond is a growing market with strong tenant demand from young professionals, families, and college students, depending on the neighborhood.

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

Short answer: Yes, laundromats can be profitable, but profitability depends on a few factors.

I just want to get the management side of things right if I were to commit virtually all of my resources to it.Best,Dustin The rule of thumb is somewhere between 80 and 150 units is when you will need FT maintenance (depending on age and amount of deferred maintenance). 

I know some STR designers offer Minoan for their clients and others don't, so it depends on who you choose to work with.  

NOT a Quitclaim Deed, as you may often see online, because Quitclaim Deeds do not fully warrant the rights and covenants of property as does a Grant and/or Warranty (or equivalent depending on state) does.