Are laundromats profitable?

Also measure the profit per door and fix or sell the dogs.

There are several hurdles during the process:Find the deal - Unless you are marketing or plugged into a community where there are opportunities, it isn't always easy to find the right dealsEvaluate the deal - Without professional guidance and research tools, it is difficult for a newbie investor to evaluate and ARV/FMV or create an adequate rehab budgetSecondary exit strategies - If things don't go as planned are their other opportunities to exit profitably.

I think a bit simplistic when it comes to business; solve problems 4-profit. 

When it was sold, we would get our profit.

Thus it's often more profitable to find long-term tenant than squeezing out every rental dollar you can. - RentReady repairs & vacancies between tenants can blow any projected ROIs.2) Warren Buffet - go where others aren't.

Send me an email or a message here and I can offer some tips I use to maximize profits in FL.  

Is the time spent learning real estate and finding deals more profitable elsewhere?

I do by the room and house hack, and for now I self-clean (takes me 10 minutes) and make way better profit than if it were a whole house rental. 

Even now there already starting to call out for private and non-profit sector to, yet again, clean up and solve everything Big Gov botched, yet again.