Short answer: Yes, laundromats can be profitable, but profitability depends on a few factors.

There are two main factors that you can use to track gentrification, so why can't they be used to track the reverse?

Then compare that to what you’d net by listing it as-is—factoring in the time you save and the carrying costs you avoid by not renovating.It might seem straightforward, but once you dive into the numbers, the difference between renovating versus selling as-is can be surprising.

How do you factor that unknown future expense into the ROI?  

Hi Kayla, Sorry you are going through this.Without context on price point and other factors, it's hard to say definitively what the exact best course is, but I have seen investors off-load properties like this by seller financing.

Try to be positive and understanding since there were lots of factors that led to delays.

Although the percentage of the increase is large, the determinative factors are whether the resulting rent is so great as to shock the conscience of a reasonable person and was effected for the purpose of compelling the tenant to vacate."

My wife and I did come the the same conclusion on most of those same factors when we were looking in the north by Venice and Aviano. 

Are they doing everything possible to expose properties to the broadest possible market?

Obviously, two factors are responsible for what will likely be more than doubling our money in 3 years.  1.