And oh I have heard that about the majority of people not actually practicing. 

Focus on one strategy, practice analyzing deals, and take consistent small steps like attending events and building relationships.

All well and good to dream big, but you need to understand the practicalities and probabilities of getting the deal to closing. 

That alone was the biggest improvement for my business practices and allowed me to take all of my bookkeeping in-house and eliminate the expense I was shelling out for a bookkeeper.

Each room will have a separate lease on it with a separate deposit following normal property management practices, and like you said, the leases have different start dates. 

Here are 3 practical strategies that might help you take your investment business to the next level.1.

And while seller financing is a very common practice in business acquisition, the good deals are not being done with high levels of it.Particularly with smaller deals, and especially with a business like a laundromat, there are cash buyers out there.

Looking at the places, they are all the "weird" kind or have some kind of alternative building practice.

definitely need to have lawyer look at it.Risks/additional hurdles- On the practical side, the absence of deeded rights makes tenancy in common ownership considerably more risky than condominium ownership, even where the TIC owners have separate financing.

In short, the market defines a bedroom as well as other considerations listed above.As a practical matter a bedroom should probably have a closet since most buyers expect one, but techni- cally the International Residential Code does NOT mandate a bedroom to have a closet.