The second option at least gives you a chance at a fresh start with a new tenant.Of course, a new tenant is an unknown and there's no guarantee they will be better.

Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant? 

You may recoup the money, but there's also a good chance you'll lose some.

Washer/dryers are often abused, so there's the initial cost of purchase and the risk of increased repairs.

Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.

I have clients who are increasing their cash flow by between $19k and $55k and their cost basis is between $145k and $200k.

I will be sure to increase my rice in the future!

River, I would love to dive deeper if you ever have the chance.

Yearly increasing costs will, in time, eat up any profit they have per unit.

Materials have increased more than 20% in the last 5-8 years.