All aspects of a property (tenant, owner, property) are integrated well with easy to navigate transitions between each.Frills between systems that save a TON of time at scale include text to confirm, showing slots, guest cards (synced inbound marketing) and of course... online applications.If you plan on having more than 10 units... pay for the software and so you can start filling out your whole mental utility belt sooner.

No I was not a gambler in the strict sense, I never lost a dime in the slot machines there.

Don't tell anyone that I told you, but...just wait until the Casinos are approved in the 6 sites scheduled for development.

Banking on a ton more appreciation is like throwing your money in the slot machine. 

It looks like "average valued" slots in the area are going for 1000-1100.Overall I feel like the CoC for this is a little low considering the initial cash needed.

And I would argue, likely lower expenses and less headaches.I think the best bet would be pulling a Donald Trump and getting in on an entertainment / casino / development deal.

I look at (and end up with some) properties all the time that are essentially failed flips, where the flipper ran out of money, energy, or missed their profit slot. 

Not many make money until they get to 80-100 slots, running multiple shifts and summer programs.

Bullhead City is a river/casino area, so there are some great opportunities for "seasonal" rentals as well, or the latest craze, Air BnB.

We charge $2 per load, which is the max the machine coin slot can accommodate.I'm not sure it would be as profitable on a smaller building, but might be worth it if you could buy used machines.We're thinking of adding a vending machine down in the laundry room as another revenue source.