I wouldn't want anything commercial mixed with rental.. to much foot traffic, Laundromats are huge utilities to run and to keep up with mechanical fixes.. and lots of stupid sit in and wait traffic.. big drug potential unless you have a staffed location.  

This is something that I have grown increasingly aware of and believe in; that there will always be unknowns for your first deal, there will always be reasons why you "shouldn't yet", and I just feel as though I've almost gotten myself to a tipping point of just pulling the trigger (obviously once I've run the numbers and believe I've found a good deal).

Have you run comps?  

If it's not a slam dunk cash flow play then run away as fast as you can.

"Investing" means (or implies) that you bought property to own and run it for its income.

What if a tenant gets ticked off and leaves all the faucets running?

There's emotion invested into this property already.Now I'm sure that should you proceed to get these two properties and were to raise the capital needed, everything would run just fine.

The previous tenants let their animals run wild.

Can options run in perpetuity?  

@Keith Torsen sorry for the late reply, been running all over the place last two weeks.