Analyzing my first deal - need a pep talk!

[Craig Garrow]

Hey, everybody! I'm looking at purchasing my first deal from a client of mine who I manage some properties for. It's a small triplex, and after crunching the numbers, it should cash flow around $450 per month conservatively after all expenses. One of the units is in decent condition and the tenant seems fine, but the other two units are rough and I would be inheriting some chain smokers who live there now. My first thought is to evict them one by one and overhaul the two bad units. I guess I should look at this from a dollars and sense standpoint and pull the trigger because it makes money, but I want to have nice clean apartments and not catch a bad rep right off as a "slumlord. " Lol. Somebody talk some darn sense into me!