Related to what @Rick Pozos indicated, you need to get a time of death (TOD) appraisal.  

I want to keep this mostly self-service within minimal management/part-time employee.

A negative cash flow indicates a possible down payment.

The best indicator is whether the city has significant and sustained population growth.

This will allow you to spread out the costs of the renos and minimize the vacancies.

The market absorbed -19,000 square feet in Q1, indicating slightly negative demand.

In 2024, 2-4 family properties in Nassau have been sold nearly two weeks faster than they were selling last year.Further indicating a hot market, median sale prices have increased by 11%, which is more than any of NYC’s boroughs.

There are some indications that they may not sign, some personal family stuff that I don't want to get into. 

The unit is in an “A” location but we don’t love the layout and it is on a very small lot with a minimal yard and one car garage. 

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.