Britt, I've had coin operated washers and dryers in my rental complex for 8 years and they are very easy to cheat the mechanism with a common household item.

Sold for $150,000.

Our first project sold out in 11 months but a great location.  

Otherwise they would have sold, taken the tax free cash and moved on. 

Wasn't sold, and it wasn't even close.You have to baby that investment for 30 years. 

I bought my first rental in London, ON in October 2019, and recently sold in August 2024.

.- Loss of Alcohol Sales: Price Chopper previously sold alcohol but stopped in recent years, potentially impacting revenue.- Triple Net Lease Costs: Rising property taxes, borne by the tenant, add financial strain.- Increased Competition: Discount retailers such as Walmart, Target, Aldi, Dollar Tree, and Family Dollar provide alternatives that attract budget-conscious shoppers.A Closer Look at Worcester’s Retail LandscapeA brief examination of supermarket properties in the area highlights financial and logistical challenges:- 29 Sunderland Road: Built in 1960, this 46,050-square-foot property sold for $4.1 million in 2022.

The property has to be considered 'in service' for you to list it on your tax return.In service entails a couple of items such as1) The property is in livable condition - Working bathroom, kitchen and an area to live.2) The property was advertised for rent.Best of luck

It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parcel.

@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction?