I go inside to meet with the other tenant through the back door, the place reeks of dope, and I look down the stairs and see the two "kids" have set up shop on top of the other tenants washing machine.

Maybe compare real estate to owning a restaurant, or a 7 eleven, or a public washing machine place.

I have been using deal machine to look up the properties on the list to find information about the properties, owners etc.

You can control the value by seizing the opportunity and oiling the machine to max efficiency.

They may have laundry hook, but you will need to supply the machines.

No I was not a gambler in the strict sense, I never lost a dime in the slot machines there.

Banking on a ton more appreciation is like throwing your money in the slot machine. 

It looks like "average valued" slots in the area are going for 1000-1100.Overall I feel like the CoC for this is a little low considering the initial cash needed.

I try my best to balance everything, and for the most part it works like a fine oiled machine, but there are times when I start to drop some of the balls I am juggling.  

At home depot, if you buy enough of the insulation, they will LEND you the machine to blow it in yourself.