Its a coin toss!

I was thinking I could put a coin operated laundry there or convert it to a studio if and when my income permits.

Personally I had a Crypto portfolio and a stock portfolio about the size you are talking about and I needed some money for an investment.

By keeping more money in my pocket during the purchase, I will be able to outfit the storage room as a coin laundry, which will service both this building, and the 8 unit building directly next door.

Having been on both sides of coin, we put this together and thought it would be usefulhttps://www.biggerpockets.com/member-blogs/11998/98488-top-5-strategies-to-implement-before-investing-in-a-syndicationhttps://www.biggerpockets.com/member-blogs/11998/98489-top-20-questions-to-ask-your-syndicator-before-investing

There is no future in investing at retail prices.I think the word "wholesaling was coined by some smart guru conducting seminars.

Five years is a coin toss, 10 years is ridiculously solid.

I'm looking at purchasing a fourplex with the following numbers:Asking: $225,000    (my research indicates he was asking $215,000 for the last two years)Property Tax: $3560  ( non homestead)----Built: 1977Heating: water baseboard with natural gas boilerWater: owner pays, single large water heaterLaundry: coin operated (owned)Garages: 5 totalSeparate electric meters----Rent: $650 for 3, 2 bedroom 1 bath units 750sqftRent: $550 for 1, 1 bedroom 1 bath unit 600sqftTotal: $2500 per month----My plan is to purchase using an FHA 3.5% down and owner occupy. 

Coin laundry?

Any idea of ballpark cost for this?  Currently I don't have a house meter.  Would like to be able to run an electric dryer.