Feel free to reach out at any time!

I would say your best bet is just sitting down and seeing if they know their stuff.

I've read stories of mixed success with laundry vendors here on BP, but I guess it could be a safer bet with local companies.Would you manage your shared laundries in house given the option?

At the end of the day I guess I don’t value my time like others do and it actually works best for me and my family that we can pick up and travel anytime we want. 

We plan to hold the property long term (decades) and I set the ARV at the list price as we don't plan to sell it any time soon.

I think the sites and their estimates are pretty impressive considering they contain virtually every home in America, often with interior pics, but they are what they are: free tools that used automated formulas to predict something that can often be a bit unpredictable and can't fully account for the human emotional factor (for example I bet something like the Brady Bunch house zestimated far less than than its actual value)

I bet it's less than you could get somewhere else and you're building equity, learning REI, and taking positive action.

A few things to keep in mind:1) any time you have a passive investor, you may potentially be entering the world of securities2) the way to avoid it is to give all partners some tasks so that everyone is active3) always discuss the potential structure with an attorney!

In a case like this, if there is a mortgage, bet your firstborn the lender will bid to get the tax lien (potentially up to the market value or the mortgage amount) to secure first lien position.

Like almost anyone here, I'd also be happy to answer questions any time. - Ty