@Cameron Sutton Jr.If built before 1938 you do not need a CO in NYC.

hope ya make a ton of coin!!!

I wouldn't suggest using anything of true value such as coins, it may be understood as a bribe.

- 1991 Honda Civic w/ 150K miles (recently purchased after 250K mile truck hand-me-down that I traded for a coin-op washer and dryer for a property) - Was making $10/hr at non-profit when I graduated from college - $0 in cash and net worth when starting in 2012 - Lived in crappy, older apt w/ 3 others for $600/mo under rent control in SF - Picked up free couches off the street to save cash- Used to borrower weekly from friends to have enough to get by - Used credit cards to save up for first FHA 4plex purchase - In last 2 years, bought $1MM of RE and over $150K in gross rents!

More than likely, they have already written it off and are simply looking to dump the property in an effort to recoup some money and save on the costs of carrying the property.Then there is the other side of the coin.

If her or she does, they should only be getting coin when you do.My second warning is get at least 24 month balloon on the private capital, 12 months flies by!

Vinal siding, Rough looks like its going to need to be replace in a couple years (16 year old roof).The coin operated laundry brings in an additional 2k a year roughly.Taxes 12kElectric $500 annuallyWater/sewer 2k annuallyLawn/Snow 1k annuallyInsurance 2500 annuallyEverything else is sub-metered very nicely.Vacancy is pretty low, as there aren't enough rentals in the area. 

im looking to furnish 2 laundry rooms with coin/debit operated washers and dryers. 8 machines each.

The other side of the coin is that I need to be financially prepared for the issues that I don't catch ahead of time.Thanks for the inspiration!

If you can find some coin-op machines, that could help...