@Veronique Leroy I would say it is possible if you force equity, hold for a few years and then sell and then average the return of the whole profit over the timeframe of deal.

it's actually tough to find cash flowing deals anywhere right now. 

For instance, sourcing cash flow deals is essentially nonexistent in affluent metro ATL markets with high employment, exceptional school systems, and attractive nearby amenities.

Right now I pull county data into excel for free and upload that into deal machine.

In my case, all three sellers were older and tired of dealing with tenants, but they liked the steady income.

Why not just sell it and get a cheap car, pay cash?

Quote from @Robert Ellis: Quote from @Damien Davis: Hello BP Community,I'm a rookie investor, only have one deal under my belt (Long term rental) and it's been treating me very well.

Given that the seller is financing the deal for the 2 years and then the plan is to re-finance it with a bank, I am having difficulty producing such financial analysis.

Hire a cheap crew to tunnel and the real plumber to set and replace the pipe. 

That's probably what I'd do first unless you just have no experience doing these deals at all.