What do you think about this deal, go for it or dump it

[Amer Swid]

So, you found an 1880 multiunit house and a single-family house both attached to each other, both owned by a church that put them up for sale. You made an offer for both properties for $300k, then the inspection revealed lots of issues needing attention, though not major ones, so you offered $280k asking for a reduction in price. One apartment in the multiunit house is rented, and you plan to move into the other one to qualify for a better interest rate and lower down payment (25% vs. 5%). The rent from the single-family house and the rented apartment in the multiunit house totals around $1,950, and you'll be living in the other apartment (but let's assume it could also be rented for $900), making the total potential rental income $2,850. The mortgage will be around $1,900, and repairs, let's say, $100 a month. The total down payment with closing costs will be around $50k, and then add $10k for renovations, so out-of-pocket expenses will be around $60k. Do you think this is a good investment choice? By the way, the rent has the potential to increase in the future.