- Usually it's around 4-6% after paying all their expenses (which is basically their profit margin) including payroll for third party onsite property management.

@Francesca CalabrettaIf you search the forums on this subject, you will find several threads comprising both rational and very impassioned support for common coin-operated laundry (both landlord owned and third-party supplied),  {non, coin-op)  en suite laundry  and only supplying hook-ups and having the tenants supply their own.You competition will help determine what laundry solution it the minimum required to play in your market and which solutions could provide you with a competitive advantage.

While both have defined roles and responsibilities for all parties involved, a partnership is used for an ongoing relationship where you are in collaboration for multiples deals or a series of like transactions on an ongoing basis.

Consider the most important question to be: with this model, will every decision that is made be in the best interest of all parties?  

Does renting out a room mean that if the house has two occupants that both parties split the utilities? 

When I foreclose as a mortgage holder and it sells to a 3rd party, the first thing I do is cancel insurance and the property preservation, IF it is a 24 hour full purchase price payment requirement. 

The lawyer's assistant thinks that since we are a third party we don't have any rights to get the property to be considered abandoned.

The seller's attorney says he can represent both parties.

This keeps the cheapo's from trying to pick his brain and be a USER.Not being a USER is where both parties get something of great value out of the relationship.

"DEALS" o MLS ZILLOW CRAIGSLIST...Hate to be the party pooper here but those places have no deals...