You'd have to gamble a little bit by being out of the area but I would go for it rather than a significantly smaller return in a local area.

These might not always be the most accurate but will be more convenient.

I have 2 stacked units in a 2 family student rental ( 8 beds ) on one hand i wish i did not get them because i have been having to reset the machines ( have to have someone look at that) so in that sense i wish i didn't have them because of this maintenance, but if the Students lived in a dorm they would have to pay to do laundry and the local laundry mats are twice what i charge, it's more for convenience for them. the money i do get helps pay for the gas, water and the electric that the machines use as @Dale Stevens mentioned. i do not make money on them, but helps with the cost when the rental market is so competitive for student housing where this is.

We are seeking advice on how we should handle this situation.More details: The rental was not listed until several days prior to closing as our agent indicated that he didn’t want it to span too long, and it was not convenient to show the property as he had to call/text the seller each time.

It is very dependent on your investment goals, style, tolerance, risk factors, convenience and so much more.

Very convenient. 

It's a big selling point for a lot of people and they most likely will pay a little extra for the convenience. 

I watched the review on rentulations and it looked pretty convenient, but was wondering if anyone used any of the programs available.

@Jd MartinInteresting to hear you don't buy your own materials - I can certainly see the upside to that.I prefer to buy my own materials when possible (mostly from Lowes as they are the most conveniently located) as I like the perks of that amount of money being put on my account.

Then you can always go change the combo at your convenience.