Also, don't walk in with open hands and begin pestering for private money, but take the time to learn about the lenders there and what their own business models are to determine how you might work together, as opposed to treating them like vending machines. 

Vending Machines? 

Assigned/Carport parking Pet rent Storage units View/location premiums Automated package storage/Amazon lockers Wifi doorbells Security cameras Add washer and dryers Stainless steel appliances Update light fixtures Upgrade bathroom (cabinet, sink, shower) Upgrade kitchen (cabinets, sink, counter-tops) Build a fence around ground floor patio  Install vending machines RUBS program (Ratio Utility Billing System) Charge for garbage pick-up Add a daycare GymCost Segregation (had to add that 😁)What would you add?

Additional income can be generated from coin operated laundry and vending machines.Thank you for your input!

Here are the refreshed #s: Cash Flow and ROI Total Monthly Cash Flow (before taxes) 130.77 Total Annual Cash Flow (before taxes) 1,569.21 Cash on Cash Return (ROI) 1.88% Monthly Operating Income Scenario A Number of Units 1 Average Monthly Rent per Unit 5,000.00 Total Rental Income 5,000.00 % Vacancy and Credit Losses 5.00% Total Vacancy Loss 250.00 Other Monthly Income (laundry, vending, parking, etc

I have always been an entrepreneur at heart; when I was 8 years old I bought a vending machine at a local yard sale with the help of my mother, and my father who worked at a machine shop close to home gave me the go ahead to place the machine in his shop.

It is a roaring business; 30+ machines, kids play area, vending machine snack bar area-cards again, and wash and fold, which I wanted (did not actually use the machines).

Everywhere is plastic friendly down to a vending machine- so that is a non-issue.If it is for services and the negotiated price is for cash- then it is a loss.

Like a vending machine for cars just DM me 

Depending on laundry/parking/vending machine situation, and your leasing policy, at most, I would underwrite around $20 per resident per month and hit that figure with your vacancy & collection loss factor.