I decided to purchase property in Pennsylvania where properties are more affordable in certain parts, demand is relatively good (less vacancy), healthy cash flow, and tenant laws are more favorable to the owner side in case your tenant stops paying their fair share. 

As a fairly-newish-to-the-game investor around your age, I appreciate the candor.  

Alternatively, there is a fairly limited supply of people needing laundromats, hence the reason you don't see them everywhere.  

The technology to generate electricity from a water battery or hydrogen fuel cell would take up a fair bit of space and be pretty expensive. 

Same issue with a Registered Agent.Either method are fairly inexpensive and very easy to do yourself.  

That is your only leverage to ensure the tenant fulfills their end of the bargain.

In other words, the cap rate becomes fairly meaningless upon transfer.Your job is to assess whether or not you can make a good profit after buying the asset at whatever the sale price is. 

It does everything, but there are a fair amount of glitches.  

In my main area, fair priced units usually last under 15 days on the market long.

are you already fairly diversified?