You can make some serious coin investing in that stuff but know that you need to be ready for battle.

Originally posted by @Rob Bianco:I bought a 4plex in December that has 1 water line so water is included into the rent and each building also has it's own coin operated laundry machines.There are approximately 10 tenants in the 4plex and we've had a few turnovers the last couple months but water usage since June has nearly tripled.

Do others include washer/dryers or a shared coin-op?

You can probably flip a coin as an investing strategy when picking the prime markets: SF, Seattle, NY, Austin, Denver, etc

Knowing this will definitely make think twice before buying a property that doesn't have a CO in that area.

I cut my teeth in Lake co in the late 70 early 80's

Socialists - Communists only see one side of the coin.

I sure as hell wouldn't recommend spending that kinda coin unless you are paying for it out of a healthy business, but I did 12 houses my first year, that'll cover a seminar or two...

While operating and doing this Riverside property I coined a new investment metric, ROBD - Return on Brain Damage. 

On the other side of that coin sometimes you see an area revitalizing beyond the core neighborhood and you can attach on to that.