Without seeing it, I'm guessing that it just needs another piece of lumber sister-ed up to it. 2.

The percentages you see online (20-40% accelerated) are rough guidelines, but actual results vary based on what's inside.

I'd love to see that place! 

I’m not trying to rush — I just want to move forward intelligently instead of spinning my wheels.Any perspective (especially from people who started in the last few years) would be hugely appreciated.Thanks in advance 🙏— Vincenzo You’re ALWAYS better off investing locally, where it’s easier to:Learn the marketNetwork to find dealsNetwork to find contractorsBe more hands-onDriveby property to keep tabs on itNetwork to find a decent Property Management Company (PMC)Next best location is somewhere else you lived, where you have an existing network of family & friends to help you as accomplish the above list as needed.If you invest OOS, your biggest challenge won't be finding properties to meet your goals on paper, it’ll be successfully outsourcing all of the above.The biggest mistake we see OOS investors making in our market, over and over again, is not fully understanding Neighborhood/Property/Tenant Classes and how they impact your probability of success!

They're also other ways to make money in real estate, for example doing private lending buying mortgage notes being a real estate agent.

Visualize how you see yourself, family and life - one year from now - minimum.

OpportunisticOpportunity does not always announce itself.Sometimes it’s a wide-open window.Other times it’s a flash opening.This requires awareness of:Competitor activityLease renegotiation windowsPricing inefficienciesDemographic shiftsStrong buyers don’t just see machines and square footage.They see operational upside.They see where systems can tighten.They see where pricing can improve.They see where management can optimize.That’s how average stores become strong performers.Final ThoughtLaundromats are often marketed as “passive.”They are not.They are controllable businesses that reward knowledgeable, disciplined operators.If you are developing yourself into a diligent, financially literate, systems-oriented, resourceful, and opportunistic buyer, you dramatically increase your odds of success before you ever sign a purchase agreement.If you’re serious about entering this space, I’ve developed deeper breakdowns, structured due diligence frameworks, and operational tools that walk through exactly how to evaluate and stabilize a laundromat acquisition.The right buyer doesn’t rely on luck.They rely on preparation.— Perrier Wells

For example, Freddie Mac might purchase a Conventional mortgage from ABC Mortgage Company then use XYZ Mortgage to actually service the loan as Freddie Mac does not service loans themselves as the use sub servicers.  

I see you’re in Florida—are you only investing in-state, or do you have (or are you looking into) out-of-state rentals as well?

It’s rarely because it doesn’t work.It’s usually because:• They spend hours dialing themselves and burn out• They hire a VA… but end up managing them daily• There’s no real KPI tracking• Follow-up is inconsistent• The owner shifts from “closer” to “call manager”I see this pattern a lot.An investor starts calling → gets exhausted.Then hires a VA → now they’re reviewing calls, fixing scripts, checking dials, pushing accountability.Instead of focusing on closing deals…They’re managing outbound.Cold calling only becomes predictable when it’s structured and managed properly.Otherwise, it feels chaotic — and people quit.If you’re skeptical about cold calling…What would you need to see for it to become a viable channel for you?