It's also when you're buying that "machine" that someone has put together, there's added value over a practice.  

Additionally, any income you draw as salary will be taxed to you - but, that is the case when you take distributions from the IRA, so kind of a wash in a certain sense.So, the key difference is WHY are you investing?  

One of my tenants called and said  that their washing machine was not working, was leaking water, and that there was a burning smell.

>One landlady borrowed my carpet shampooer machine, broke it, never paid for it, never apologized.

On the outside it looks fine, I would at least power wash the brick which is no more than $200 for the washer rental.

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.