I found that the estimated renovation costs to be under and the ARVs to be way over - this is now proven where another investor purchased the property and is trying to flip it and I've seen several price reductions. 

I am an out-of-state investor interested in purchasing a duplex (2 bedrooms, 2 bathrooms each unit) located just a 10-minute walk from ASU.

Purchase price: $84,100 Cash invested: $75,000 Sale price: $179,900

If the guest is spending a longer time there they may elect to get their own, short stays probably will not bother or just purchase their own. 

Before I make a purchase, I want to make sure I'm choosing the right product.

They also can provide an opinion on it - so yes they could blast you just like people blast Amazon or any other businessThe only thing that the agreement stated was payment would be due no more than 5 days after the closing of the property or the contract between us and the seller was cancelled. 

For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.

DM me reason for cancellation ( is it just State Farm or Farmers with their wacky Moen water valve cancelling you because they can?)

There are options for retrofitting coin machines or you can purchase new machines.I recommend talking to an appliance technician or checking out local laundromats to see which machines are used the most and are most reliable.

You subtract your $400k purchase price and your profit is $180k, (maybe $40k in federal taxes?)