What is your criteria to know when its too much work for a rental

[Mary Jay]

Do you guys have a criteria when you feel like its too much work for a future rental?

For instance, there is a fourplex , built in 1910. It needs new roof (10-12K), new windows (not sure how much, may be 5-10K), electrical (may be 4-8K), probably some plumbing...(its in a midwest (basically forget appreciation), not sure if its relevant) Foundation is ok and structurally ok

Price 60K seller carry 50K, I have to come up with 10K cash to put down, 

three units out of four occupied, rents 2K... Landlord pays heat, water, electrical.

Technically, it will cash flow 800-1K if fully occupied. 

Is it too much fixing for such a cashflow?

Thank you!

[Joe Villeneuve]

You know it's too much work, when you feel the need to ask yourself, "Is this too much work?".