I'm going to be a bit of a contrarian to the above posters, but let me first qualify my post by stating that your market will determine what you should do.We frequently install en-suite laundry in our units - in fact, we have removed common coin-op laundry in most buildings of 6-units or less in favour of en-suite laundry - for the following reasons:electricity and, in most cases, hot water costs are transferred to the tenant;where water is sub-metered, water costs are transferred to the tenant;high-efficency residential laundry machines are about half the capital costs of commercial coin-operated machines;we can command $30 - $50/month in additional rent with en-suite laundry;by installing our own machines, we know they are installed property, with catch/drain pans and {going forward} leak detect shutoffs; andwith en-suite laundry vandalism of laundry machines has been non-existant ... and if a machine is damaged, we know who is responsible.We have a good rapport with a couple of local appliance suppliers and get called whenever they have "dinged and scratched" units to unload ... a small, cosmetic dent in the side of a washer - which will never be seen when it is installed in a laundry closet - can be worth a 40 - 50% discount.  

I  mean I buy vacant land.. and other non cash flow deals.but I have a way to value add ( build on them) or a pretty strong idea that path of progress is going to run into us.really depends.. and I agree building wealth at 100 to 200 a month at a time.. you take on a ton of debt for very little actual return..

Any chance after hosting at a non-smoking joint in the future? 

However, it is on the grass between the curb and sidewalk which i believe is technically government property.  

Many times it is very difficult to evict tenants for issues other than financial non payment, especially if the tenants know the laws. 

Sounds like they are trying to support a higher commission, not a better service to the public.

Totally non-original story...my husband and I both work full time (I'm a teacher) and we're interested in real estate investing.

We try and eliminate bad applicants by making our application $100, non refundable per applicant over 18years old.

We prepped did a walk thru 2 weeks prior to order any needed supplies, we did some repair work early if we found that we could, Our Painter was not in house he was FABULOUS,, he would work non stop, and others followed as soon as he was done.

Putting that much cash in the bank will (rightfully) trigger reporting to the Federal Government.