The income approach, which looks more at the property's income and cap rate, would be more appropriate for a large multifamily, or a self storage facility, or a car wash. 

You need to use TSP (trisodium phosphate) to wash them down, and rinse them again with plain water. 

Now the available balance is $188,247, and you wash, rinse, repeat. 

Sad to see the responses and knowing what I’d have to do.Looks like this things a tax write off and a equity gaining machine.

It is a 4 bay manual car wash with 1 bay as an automatic drive-through type wash.

And then the cleaners would toss it in the wash with sheets etc

Remember you will be washing them a lot as you turn over between guests. 

You can also start being more demanding on the machines and how they are maintained and the quality of machine they give you. 

Tell them about the wash n fold place down the road!

Aloha,Give option 1 a more in-depth look: Put in coin laundry, using a vendor that will provide the equipment on a 10 year term, splitting the income of the machines 50/50 and taking care of the maintenance.