You SHOULD care.I owned some businesses when I was your age.I had a car audio shop.The key to any business is that you are passionate about it.If you aren't passionate about it you will not get the stellar results you are seeking.For most businesses 20,000 is not that much for start up.The number one reason for business failure is under capitalization followed by mismanagement a close second.There is a difference between working IN your business and ON your business.Many small businesses such as restaurants,coin laundry,etc. are owner operators.Meaning they make it run day to day but it is not scalable since YOU can only be in one place at one time.Smart operators learn how to scale the business by putting systems and people in place.By doing this you can grow your business and work on it and not in it.

It had a coin op'ed wash room in each building one had a sign on it that said open from 8am to 9pm.

I am newbie here and haven't flipped a coin yet let alone a house BUT I do have a few comments I'd like to make on this property and I hope you find them useful:1.

I don't know how to investigate this further.Another reason I am inquiring is because we are debating on installing a coin operated washer and dryer on the premise because our water bill for 3 units is over $300 a month and I am guessing a lot of that is because two of the units have washers and dryers.So if they can still do their laundry while giving us a little extra money or at least evening the price out that would be the ultimate solution, but if the shared water would still be an issue then this would obviously become a problem if the tenants electric bills start to go up.

I believe in flipping deals to get enough coin to pay cash and only buy a deal for pennies on the dollar.

Currently it is averaging $512/unit (assuming the entire gross income is from rent and not from garage rental, coin-op washing machines, etc).

SF does not have a co ins. penalty (i.e. many companies penalize if you insure for 60% or less of rebuild cost, or something of that nature.

@Brandon Turner coined this strategy you're considering as house hacking.

I have seen friends taken to the cleaners by contractors, and I have had customers (in auto repair) pull stuff that would be considered fraud: you just get caught thinking people are honest.I think the side of the coin you have to protect is the one that you are on.

Buying coins from the mint?