lets evaluate a deal together (actual property attached)

[Thomas Dunleavy]

So i bought my first rental property recently and the next step is multi family. I think orlando is a great are between the disney employees and the rising demographic trends within the city. I'm still a few years away from that next step so I evaluating deals in the meantime made sense. That being said I saw the below property on loopnet. $70k net on say 240k down sounds pretty amazing. Let's figure out what's missing here... The first obvious thing is no property manager but obviously could be more from not seeing it in person. What do any experienced investors think?

https://www.loopnet.com/Listing/4715-S-Rio-Grande-Ave-Orlando-FL/15069380/