And then the project is shovel ready for when your QI takes title and you build like a busy little beaver (or a whole colony of little beavers if the project is that big)The reason it's best done before you go through a lot of machinations (besides skirting the form of the law) is the risk of something ending up not working. 

PayRange seems like a reasonable option in terms of cost and not needing to have a constant internet connection to the machines.  

If you don't have a water source, certainly store water but also look into machines that draw ambient water out of the air and collect it for you.

Soda/Candy machines, video games, pool tables, etc.3.

If the owner is operating the business and you won't be you will be employing a manager so will lose that profit off the top as an absentee owner.Those machines are expensive to replace so you would need to see how old they are.It's just like an old house or building with deferred maintenance.Everything might work when you buy it but the chance of things stopping to work will happen very soon and cost a bunch of money to fix.You always buy the assets and NOT the liability.I can tell you I have had people come to me AFTER the fact buying partial ownerships into corps etc. and they are stuck.I do not know who advised them to do this but they were an idiot.Now I have had to help them pick up the pieces.With the coin laundry or car wash make sure the building is owned so the lease doesn't keep going up or renegotiate the lease as part of the purchase.Looking at books is fine but owners tend to manipulate the books and not the tax returns.The tax returns are usually more telling but people can lie on those as well but that takes big balls and doesn't happen often.If the coin laundry is older make sure if you own the building there is not galvanized going to the street for the water main.It's very expensive to dig up the road and replace with a copper line.You will also want to have the EPA phase one to make sure there is no contamination of the soils.For competition you can look at applications for permits,businesses and new site plans in the city or county you are buying in.You can also instead of buying outright have a 3 month period of running it with an option to purchase at the end of that 3 months.This way you get to see how it runs and decide if it was everything as presented or they were trying to "dump a dog" on you.If they strongly oppose this they might be hiding something.I can see losing a small amount of option money if you walk away and not exercise the option but that is better than being stuck in a bad property.

But if you get the right combination it can be a nice cash-flowing machine

Thanks @j. martin for flagging me.I'm venturing in to a niche short stay venture with the goal of creating a "housing vending machine."

It's the reason that cities have (in a society in which the family farm has been replaced by a multiplicitous machination of its former self), become the forum for the basest, purest expressions of humanity.The reason we invest in real estate is simple.  

I'm new to all this, but my recently acquired property has leased machines.

Some people like Apple products, some people like PC machines.