Hey Bryan C.Non-recourse loans are just loans secured only by collateral (usually the property which the loan is financing), that you don't personally guarantee, so yes "anyone" can get a non recourse loan assuming they have suitable collateral that a lender would accept.

If the garage is not built to support the weight of additional floors or is not adequately reinforced, it may not be suitable for conversion.3.

Capital investment (buying the machines and providing technology payment systems if suitable) Operating expenses (installing, servicing, collection, processing, insurance, vent cleaning, etc., etc)Term of the lease (Typically, 5, 7 or 10 years)Contingency Risk (Occupancy, market risks, competition from in unit hook up)Revenue (collections) from historical performance over the past 12 - 18 monthsCondition of the property (new construction or existing)Class of Property (A, B, C, D)In unit connectionsCompeting laundromats in the area# of MachinesVandalism risksType of Machines (front load or top load)Quality of Machines (Factory New or from Inventory)Once those variables are collected and input the commission or RENT payments can be determined universally done using a Net Present Value, Internal Rate of Return calculation along with other financial metrics. 

I highly doubt I'll be able to find anything suitable in my sub $300k budget.  

I have found that ignoring one’s instincts almost always leads to problems.Keep looking for a more suitable tenant.

Just get in touch with a local realtor who specializes in short term rentals or with on of the best short-term rental property management companies in town and they will be able to provide you with suitable properties and even give you track records of previous years so you know what to expect.

If you have a property that is suitable for a Vacation Rental, where do you advertise? 

If anyone has any referrals, experiences to share (positive or negative), or think you are a suitable tax professional yourself, please feel free to reach out to me!

Works great but you will weed through 90 people before you get a suitable applicant 

So he said he hound a property in Plainfiled IL that was suitable for a Lease to Own.