My bank quit their coin machine, they said it broke too much. 

I was in IT for 32 years - I don't trust machines any further than I can throw them.

We need to know what kind of machine this is to put a value on it.

They think they can just order tenants out of a tenant ATM machine, without learning anything about the laws, or screening, or fair housing, on and on.You can't fix stupid, as they say.  

And from what I can tell of your post, it sounds like you will lean toward being a pushover, so it will benefit you to have a hardliner first impression.I fundamentally disagree with the posters who are suggesting that you treat your tenants like inhuman cash machines.

They operate like a machine and don't put the right person in.

If you can solidfy a well-oil machine for getting units rented, and subsequently turned over in the summer time for next year, you can have a very profitable business.College housing usually starts marketing their rentals in first weeks of the spring semester, with leases starting in the summer/fall!

For instance, "I'm sorry, but our policy is that we don't allow portable washing machines in any of our units."

Cel phone was a expensive toy, 286 computer just showed up in the computer store & fax machine was a big thing & every agents carried a pager.The day I get my license, I had been working in my own restaurant for 10 years.

Once there, accelerate the machine, buy another 1 or 2 investment properties in the next year and a house where we will live for a year or two to renovate, then rent it and buy another one.Do you think the plan is appropriate or do you think I should reconsider keeping the house and renting it?