Does the same metric hold true for laundromats?

I am in the middle of finishing 2 flips there and have 2 long term Holds there as well. 

Exit Strategy:Every deal should have an exit strategy, whether that’s selling the property for a profit after appreciating in value, refinancing, or holding onto the property for long-term rental income.Connecting with Experienced Investors:It’s awesome that you’re looking to connect with others on this journey!

We have been fortunate to rarely hold any security funds from former tenants.

How much should you hold in reserve?

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

When thinking about selling or holding a property, ask yourself a few things: How much do you need to invest?

I don't know how that business could survive long-term with such low rates.If those numbers are accurate and you can net $38,000 a year, then it's worth holding onto.

Quote from @Lorraine Hadden: I have client who are try to wait for interest rates to come down rather than buying what they can afford for the best rate and hold.

For those holding hope they will fall and save existing deals, don't hold your breath.