The auto detailing businesses we have worked with either make you drop the vehicle at there place, or it's completely mobile.

after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!

In market's like these, sometimes it's smart to stay cash heavy. 2.

The K1 could show you have ordinary income, deductions, capital gains etc depending on what the investment opportunity was and how they managed and exited the investment vehicle.

Are you confident that you will be able to invest the remaining 16.5% in another investment vehicle that will generate better returns for you? 

I recently had a guest cancel on the day of arrival due to heavy rain in their area (not mine)!!!

Technically, if you put 50-75% down almost anything would cash flow but then you would be cash in heavy.

As a first-time landlord, I'd feel comfortable renting this out knowing that it will not need heavy repairs and know the area wellWhy renting will not make sense:1.

Couple things in your way: buying house from Dad isn't arm's length transaction; $23000 annual income = $1916 a month how much credit cars/student loans/vehicles/ and primary residence payments/ is there depreciation added back to that number?

During very heavy rainfalls the whole thing gets emptied into Lake Ontario!