[Calc Review] Help me analyze this deal

[Cynthia Smith]

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Could really use some help. This would be a first time purchase; I'm a newbie. Got the property under contract but found significant repairs required. I've attached the report that shows positive cash flow once I've done repairs required to rent in the short term, including completing a second detached unit. However over the next decade property will still need exterior paint, replaced concrete drives/walks, asbestos tile removal, repaired retaining walls, etc. of about $50--60k that's not in the report. The short term repairs are foundational repairs in two buildings, HVAC, electrical, water heater, etc. The only hesitancy I have in walking away is that this area is quickly gentrifying in a city that's maintaining its growth trajectory and very desirable to renters. The 2 unit property (detached in Law) is mostly surrounded by home owners. The next block has been entirely redone, this block has 3 other homes under construction. Also the contractor I've known/observed for a decade. Anything I'm missing, e.g. more upside than my concerns? Would very much appreciate input and since I'm learning, would be great to hear any explanation you could offer.