@Tom Gimer  this was acreage that appeared to  abut a state highway.. they missed that it did not acutally abut the highway.. its not customary in our neck of the woods to survey a property.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

The three stool legs which support a successful lawsuit are: (1) legal liability, (2) injuries, and (3) recovery.

(Meaning: finger across the neck, it's out of there!)

Potential problems:- High cost of maintenance & utilities, especially with older buildings and machines- Theft, personal injury claims and other insurance problems- Competition from other facilities or in-building laundriesAnother problem is getting accurate financials.

By the way, as an experienced investor/agent in the thriving and affordable Maryland/DC metropolitan area, I have access to great wholesale deals as low as $65,000, with a ARV of $300,000+.I would love to provide you with any answers or information you may need to become more aware of the opportunities in my neck of the woods.

@Ryan Swan looks like you're in my neck of the woods, I'm on the hunt for connects, mentors, ect.

Hi Joe.At least in my neck of the woods, *most* pools add significant value to Sedona and mild to moderate value in Cottonwood, AZ.

Personal Liability:  For claims due to Bodily Injury or Property Damage that you become    Liable for and which is covered under the policy.  

I had little issue with my tenant where she called one of those injury lawyers from TV ads and my insurance spoke with the lawyer and denied the claim after collecting all the evidence from me Landlord was at NO-FAULT).