Many states have laws about what an investor can and can't do when homeowners are behind on their payments and in the pre-foreclosure stage.By the time a pre-foreclosure home is listed by the real estate agent the home would like be sold at market value.

Which will make it 4bed 2 bath, and some 4 beds on the same street shave sold for 220k. 

Once they exercise seller financing, the property is sold and all 1031 rules apply. 1031 has specific timelines.

You can get the Bigger Pockets paid membership and use their Find a Market Tool to analyze.

I dont personally care about distributions as its just pocket change but i do care about the principal and getting some equity when they are sold..

As a matter of fact, the red 4 unit next door is always on Zillow trying to be sold.

As you have an agent it is unethical for me to try and recruit you, but just know that it CAN BE SOLD!!! 

Most commonly, laundromats are sold at a 3-5x multiple of SDE.

I was raised in the land business and sold land exclusively for many years.

I was building a new laundromat in the best retail area of our town when our job site got its tools and copper robbed for the second time.