one of the partners that we went in on the deal with owned two other car washes nearby that are self-service wash style you mentioned and although our full service wash had a much higher average ticket value and overall more revenue, his other two washes averaged less than 1% in labor cost where our full service was would be between 20%-30% on any given day. we ran a detail crew of around 5 people and then had around 10 or so people on hand to handle the car wash traffic. we tried to get away with not hand drying the vehicles after they exited the wash but the previous owner had made that a staple of the business so when we stopped doing it people got frustrated and we decided to keep that a part of the process. in doing so that means you have to pay labor tax!

I know that cities/counties do not give approvals for smaller things, like dry wall installed before electricals are  inspected.

Steve Mashura,NAR partners with businesses to peddle whatever wares to newly licensed agents as a benefit that sucks them dry of any start up money.NAR has some lobbying efforts that help with legislation from time to time but other than that pretty worthless.I was REALTOR first year in business over 20 years ago and saw no value.

Again I don't think this is a 2024 or even early 2025 type problem, I am more so looking to maintain my current returns, while having the ability to scale further in the 3-5y horizon while tapping into equity built over the previous few years of renovations and property stabilization.Yes a normalized market is a great opportunity to grow the portfolio, which I certainly plan on doing, I just want to ensure I can tap into the dry gunpowder that has taken a lot of effort to create the past two years.

There were cups and bowls drying on the counter next to the sink.

Sheetrock guys always need another room to work on while mud/paint dries. 

That money is slowly starting to dry up and values are getting soft.

If it's still moist inside when you open up the wall be sure to put fans on it to dry the cavities out thoroughly.

The Oregon Coast is ground zero for regions of the country that will in many ways become more inhabitable as temps rise, water dries and abundance of resources is more critical.

. $45k from several unexpected large repairs (water leaks, roof collapse, siding rot, plumbing main line, etc.)These issues are also causing me to rethink the assumptions in my model, increasing my vacancy rate from 8% to 12%, repairs from 5% to 20%, and capex from 5% to 20%.