These are similar softwares that hotels use to constantly change pricing depending on the demand/supply for the area. 

And tons of people are getting into this business and drive the price down (simple supply vs demand curve).

Alternatively, there is a fairly limited supply of people needing laundromats, hence the reason you don't see them everywhere.  

I brought him everything - paint, supplies, etc.

Yes, up, it's simple obvious supply demand metrics. 

Does the 60% the condo-hotel takes include the HOA fees or utilities or replacement of furniture/repairs to the unit like plumbing or stuff like towels and sheets etc?

It can get what I call wear stains where people sit or lay their heads so that coating will keep that at bay.Start keeping an eye on Craigslist, FB marketplace and OfferUP for good used furniture. 

I'd want to know more information to make a good recommendation, but it sounds like you would have a strong argument if everything else is the same except for location.MP tasksTenant Management:Showing properties, screening applicants, and preparing leasesWelcoming tenants and addressing inquiriesCollecting rent and managing evictionsProperty Maintenance:Cleaning, repairs, and inspectionsAdministrative & Marketing:Supervising staff, purchasing supplies, and promoting rentals (ads and website)

Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

In the backyard, what was previously grass and concrete was completely transformed into a lush vacation oasis, complete with a luxury pool, expansive deck, custom mural, chic furniture and hot tub for the ultimate tropical experience.