Help me analyze this deal

[Michael Behr]

Good morning,

I found this deal and want your thoughts. I plan to live in one unit rent the 2nd and finish the third unit rehab. Section 8 says the rent is 1992 per month. That was my plan to make it section 8. If I live here for a year or so then move out the cash flow will also go up once I move out. I also think there are a couple more ways to add value (billboard). I plan to make the 3rd unit nice to use a STR or Mid term. I also know that the HVAC systems are probably on their last legs was gonna use that in negotiations. They are going to replace the roof with insurance before closing. I think this has potential. I'm into buy and hold so the negative or break even cash flow for a short period wouldn't bother me. Most of the calculations I run are 15% annual return by year 5. What are your thoughts

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