Seems Cardone is in overdrive mode pushing the “soon to be“ open to non-accredited investor crowd as well soon.  

Operating a plan you do not qualify to sponsor can result in serious issues with the IRS.Some providers aggressively try to push folks towards plans they do not necessarily belong in, because that is most profitable for them.Rental property produces passive investment earnings and is not considered self-employment compensation necessary to establish and sponsor a qualified employer retirement plan.

The only option is to buy a 2-in-1 combo machine that does both dry and wash.

You also want to hear how they recommend stress-testing deals and their recommended buying criteria; being pushed into a bad deal can cost you a lot of money and grief.

In this higher rate climate it's basically a wash between investment vs. secondary.

I share this not to discourage you from embarking on this project with you as a manager, but I flip homes and have seen for myself the incredible savings in time and money that can be activated when you have the right person overseeing the project and who has the relationships with the subs that can make sure to push them and hold them accountable.

The problem is that it makes it more difficult for tenants to pay, and higher-income tenants will push back because of the inconvenience and hassle.

This laundromat’s washing machines cost more than I thought, but the time of washing the clothes was fast: 22-27 minutes.  

As you say, it looks like pro forma rents are $1200/mo so you could push a little next year! 

Then push for the full remodeling of the tile and all..