I do see many investors incorporating a similar strategy with new construction builds, heavy rehabs, or in instances where the property was bought far below market value (usually a wholesale type transaction).

@Ankit Lodha, as others have pointed out, this sounds like a transaction you should be able to get done.

It's very important to perform your due diligence on the operators, the markets their operate it, ask for their past transactions, history of their track record.

I set up my daily time blocks on GC and watch the ted line steal my day away for motivation.

Even completely self-serve laundromats require daily cleaning and light maintenance.As far as time costs, expect to spend time each week troubleshooting equipment issues, routine maintenance, cleaning, and handling customer issues.

If you think about it in any industry less transparency and more friction in the transaction will increase fees/commission vs reducing them.I like the idea as an investor of having different agents, a team of agents maybe 3-4 bringing me deals, but I think less of that will happen now as all will have to have you sign some kind of agreement up front. 

You will have a leg up on the language, transactions, inspections etc.  

I opened an account, a Solo 401K IRA and completed the transaction.

This brings me to now, I've taken this approach and have used my own money in lending, but am also bringing in friends and family to take part in these transactions so they can earn way better returns than with CD's.

Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment.