He had a key machine on his coffee table.Frank

But when the owner sells the title company will add back in unpaid taxes, so that works out to a wash for the taxes.

Yet, when you get into different stages, like when the inevitable cloud of dust is constantly coating everything you own, including the bedsheets you sleep on that you just washed the night before (for the fourth time in 2 weeks because its so damn dusty in there!)

Check out this post:http://www.biggerpockets.com/renewsblog/2006/11/09/why-you-should-or-shouldnt-put-coin-op-laundry-machines-in-your-rental-property/

You are merely buying an investment machine that can only be expected to throw off a limited amount of cash that you will (hopefully) collect and you are now the one responsible to do that.Use and escrow company and get title insurance.

Wash, Rinse, and Repeat!

I have a contract to purchase a Car Wash in Salt Lake City Utah. 

Apartment dwellers are less likely to own their own machines though.

Replace the sink with a double sink and explain to them the old fashion method of hand washing dishes .Tell them as is , plain and simple

He just kept saying the market was slow in that area, but when I recently asked what exactly was the average time on the market was, he said it was 144 days with a median of 80.