It's easy in today's market of crypto-millionaires and fast-action TV shows to feel like you're missing out on a craze, but the worst thing to do is get yourself into a property without knowing the numbers behind it, resulting in sleepless nights, unpaid mechanics liens and potential foreclosure due to hasty decision making. 

But the other side of the coin is selling for the profit which will likely be about $52K - taxes. 

If I wanted to race, I'd buy crypto instead of real estate...As for my car, I screwed up on that one and am paying the price. 

Heads or tails of the same coin.

You could make it a laundry area and provide coin operated machines (more income).You might check into Owner Financing depending on how motivated they are and if there is a substantial existing mortgage. 

Everyone else is consistently anywhere from 20 to 75 points off, coin toss on which direction. 

We are purchasing a multi with plenty of space to incorporate a coin op laundry machines.

What are the pros/cons in investing in a coin car wash?

No money crypto, baseball cards, stamps, coins, skateboards, bikes. 

@Brandon Turner coined this as "house hacking."