We bought the coin ops used, as most laundromats in our area are going to card systems.  

I bought a home for 18k in a low class area this year and it's been a cash cow, I did go with Section 8 and I would suggest doing that (In my area I get above market rent even because there is such demand for affordable housing).

For $50K each, I would have bought out each of my tenants, but not at $250K a pop.My building brought a TON of interested buyers and investors.

What you're probably thinking is clear title.... one thing you want to check with the title insurer is if they will insure you again when you sell.   1st thing maybe before you even get this far is to find out when he bought it and if there was homestead or potentially ag exemption on it.   

I've been a member for awhile but I'm looking to become more active online and with investing.

Yeah I had an inspection done when I bought the property about two months ago and nothing came up.

It's online only.

Did you or have you ever bought a new house to rent out?

Not sure of the best place to post this so here it goes.I've talked with an online bookkeeper that I like quite well.

When I bought property ex landlord was paying for Cable TV, I asked if anybody was watching and all 4 said no.