One hand washes the other.

The agent said a remediation company could do a chemical wash on the walls, and repaint because the results were not too high.  

@Wendy Shoda  all good ideas I was thinking maybe move the laundry area to that space and have it become a laundry/mud room.

Laundry rooms?  

Hey BP - I am looking at a rental property that has no laundry - not in unit, no common laundry, and not great space for the laundry.  

(Rent, Sale or take a wash)My main questions would be who is all the partners, what is the role in the project, Is there a buy out and if so who can and when.In Business just like life some times we find greatness and disappointment in others.Taking from what you have mentioned, I would be looking for the door and find a new partnership.But to each their own choices and if you don't learn form your mistakes.

When there is at least 6 months worth of income documentation on a property, whether it be rent payments, or you making payments on a sellers debt, most banks will effectively "wash" that debt and not bring it into the debt to income ratio calculations that they use to qualify a loan.  

Tax speaking, really once I just do as the CPA says (which I again can barely follow) it generally comes out similarly in the wash.

He tries to convince you to install a laundry room because he needs to get rid of his washer and dryer, He installs a sun roof because every time he installs a light something burns down.

Whoever it was he had the right idea in his mind.