Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.

You are not responsible for his failure to secure his personal property.

Toward the end before closing, they gave bunch of excuses like security breach in their company, don't like the file and the property.

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

From that experience, I got the idea of just building a multifamily (ideally a quadruplex) from the ground up as my next home to house hack in.I've done some preliminary research and had some questions if any experts care to chime in:+ There aren't many multifamily zoned lots in metro Atlanta.

Trying to make it where there is a lot of data, easy to use, and have a lot of articles written by local experts.

Best approach is to have your "team" set, before going out to secure properties. 

* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

If you google the Wyoming address it is an attorney's address who specializes in setting these companies up and is a mail forwarding service not a "real" office with staff, owners etc.In the one investment document I read, your investment would be in a construction company with no assets and secured only by a UCC filing.  

I can't tell you how many newbies who know nothing go out to sell themselves as experts who can guide others.