It was said that vending machines are low capital investments.

However, once I do one, I'm sure I'll feel a lot more confident/equipped to do more.Thanks for your post and maybe we can chat sometime soon.

All in all, the seminars, field training, mentoring/coaching, customer service access help equip you with the confidence and guidance one needs to be successful.Now I will admit, throughout my year of involvement in the real estate arena, I infrequently found myself having mixed emotions or thoughts as to whether this was the right choice.

Capital expenditure, or CapEx, are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment." 

I have 15 years of experience selling capital equipment machinery and 10 years experience as a mechanical engineer.I'm just past the beginning of my RE investing career. 

Then it gets out that you were "stonewalling the fire marshal" and "arguing over safety equipment."

The ground wire is actually not necessary, if you replace the receptacles with GFCIs and use the labels enclosed with the GFCI the read "No Equipment Ground" or "ungrounded circuit" (or something like that) - and this will meet electrical code.

Hard to really say without getting a feel for the existing unit, age, location, type of equipment, etc

- how much hassle is maintaining the equipment?

But I will not castigate you since you may not not about this guru stuff.....with $7k, you could well be on your way to acquiring your first investment property....That said, there are tons of materials on this site to educate and equip you for the journey ahead.Get into the Eductation section, immerse yourself in the podcasts, webiners, forums.....learn all you can and ask questions.....Folks in this site are wonderful and they love to help and share information..just ask....On a good note, do not be discouraged; consider the $8k a part of the lesson learned on your way to success......one day, you will tell the success story; lookd back and thank God you are on this site....my one cent..