I wouldn't want anything commercial mixed with rental.. to much foot traffic, Laundromats are huge utilities to run and to keep up with mechanical fixes.. and lots of stupid sit in and wait traffic.. big drug potential unless you have a staffed location.  

The property is located, literally, across the street from the campus core.  

I look at flips looking to make at least $20,000, regardless of price or location. that could be 20% or it could be 50%.

I'm 80-85% sure you just want this deal because you're both in love with the location (near the beach, and prime location too).

I personally do not like LA, but that's just me. as a real estate investing location, I would pass, because to me, it seems like there is more competition, and everything is so expensive.

  $600K anywhere south of Boston will buy you one in great shape and probably newly rehabbed.There's a band of towns located on the south shore south of RT 128 and north of I-495 that bear looking into. 

My property is located approximately 20 miles from Austin.

You have to live in it for at least a year unless you get orders to another location

I'd need to charge $50-100 each time depending on location and can put that into a buyer's agreement as an additional charge to you at a future closing.

I consider myself an expert on an area very close to your listed location (very close to Vista).