Approval process takes so long that by the time new projects are approved, they may not be feasible (market cycle). 

Although I am really excited and it's like a feasible plan to me, I wanted to get the opinions of people in the forum of what they think would make the most sense given my situation, and if you do recommend buying property, any advice around loan or buying.

Let me know your thoughts on my answers and if you think this is feasible or if you have any other advice!

I know everything differs based on the specific laundromat that you find, but based on your experience - is this a feasible idea, if you find a laundromat that cash flows enough to cover hiring someone to manage the place?

  (1.41 to the 10th power = 32x)  There have been times in the past when this was feasible, but only in hindsight. 

Yes, it's feasible for investors to own multiple different asset classes, however, these are usually individuals who have years of experience.

Most people generally do not break even on having their rental income cover their living expenses in a live-in house hack these days, so asking for cash flow in addition to that might not be feasible until you move out of the property.

I don't know if that is feasible but it is certainly a way to stop paying for flood coverage that you don't want. 

If a single family house hack is more feasible then go that route. 

@Catherine Javier Easiest path to making choices about Cost Seg is obtaining a free cost feasibility analysis.