I will be moving to Austin myself in two years, since Austin market is quite dried up, thinking of investing in SA as OOS.

It will be a little trying for 6 units to use - they're slower because they do both washing & drying - but that would be way better than expecting tenants to drag wet laundry around.

Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

I own a group of franchise hair salons.

My thought is that it's too small except maybe for a single person, and it takes a long time to dry with those ventless models....I'd either go with a real stacked unit or just tell them where the Laundromat is.....Hi Bruce.

Hi all, my LTR (Boston, built in the 1930's) has some cracks in the basement walls that I didn't think were too serious (owned for 10y, some water and flaking but mostly dry).

So like I am not going to run out and buy a bunch of lots in Lehigh acres or coral gables FLA which is saturated with new builds and un finished new builds were the  FOMO got going big time and builders have failed to execute and left investors high and dry.

I'm thinking that repairing the plumbing leaks and getting the soil dried out could be a permanent solution.   

After assessor comes out and consults with insurance company, they'll send demo guys out to come do demo work and remove wet drywall, insulation, etc. they'll usually put down dehumidifiers and let the place air out a bit to see what actually needs replacing and what was able to dry out.

Not only that most of ours we saved within 1 to 3 days of the sale so it was hair on fire getting the reinstatement back to the trustee.. total risk on our part.. give the seller some money we always did.. and then record the deed  WE did our own deeds in house.. buy without title insurance etc etc.