You can do that on your own.

I am guessing that the vast majority of homes 10+ years old had some sort of water damage at some point, most had probably several.My own home is only a few years old and we had the washer spring a leak and a few years later the RO system in the kitchen started leaking into the cabinet.Seller disclosures are pretty useless in my opinion.

The vast majority go it the outsourced route; Property Management. 

There's always some bad apples in any bunch but for vast majority, it's a win-win. 

The vast majority of new construction, especially in Denver metro and the surrounding communities, has been multifamily and townhomes.

Will you go it on your own, or would you hire a PM? 

What is the time commitment of owning a laundromat?

What would you do if the smell was coming from a property not owned by you?

I'm not saying this will never happen to me, but I'd probably be vastly more likely to win the lottery before that happened haha.I can attest to #8 as well.

I do the same for my LTRs, tenants have to get their own utility accounts and they are fully responsible.