But what's new is 1) my housing vending machine approach 2) the international reach 3) the ability to sync calendars and book out 6 months solid 4) no collection issues  etc  

I called the current company that owns them and they said they get $10/machine (I assume per month) and then everything after that is 50/50.If my math is correct, and all provided info is correct as well, that would mean I would collect around $340 every three months.

Two units are Vacant right now.They have laundry machines on site that bring in an average of $300 a month (or so the P&L sheet claims)If i brought all units to market rent, and 100% occupied, it would top out at $14,000 monthly rents. 

Invest in Debt ~~Older but gives you an idea of notesPerformance anxiety ~ about seconds...Note Buying Cash Machine PodcastNoteMBA Podcast There are plenty of resources out there to help you get a basic understanding.  

But, you can use data to talk yourself into or out of any investment.  7/11's are not going to be replaced by online soda machines. 

I think there are some ways you can properly vet an opportunity where you can make it work, with a good foundation of business expertise under your belt, a good team around you, and some well machined systems/procedures in place with whatever it is you're investing in. 

There was a bunch of deferred maintenance issues, but nothing major (broken doors, knobs, coin op laundry machines, and other simple stuff).

They have earned it with decades in the business.Just  like an investor over the years has tried to develop a well oiled machine so has the broker/agent with their business model.   

I do not have a cellphone (perhaps one benefit of not having one) and no longer respond if they call and leave a message on my answering machine as the form letter I include with the returned application explains why the rejection.You can, of course, reject simply because the application is not complete as required.Gail

In Texas, refrigerators, washing machines, and clothes dryers are considered personal property.