Honestly, I wouldn't necessarily count on this deal cash-flowing so long as you're occupying one of the units, but I think that your overall return (counting equity being accrued from the mortgage payments) would be positive within about a 4 year time frame.Sure, you have little or no vacancy upon purchase because those leases are still intact, but as a fellow risk-averse person, I think you should run your numbers on both a really rosy potential scenario but also a toughie scenario.

I guess from a selling it perspective I would need to wait for it to accrue enough interest to break even from selling it.

I just had to stop and say that this post caught my eye and the curiosity got the best of me, LOL! 

Account Closed  Joe certainly stirred up some controversy and curiosity in all his short posts about the strategy.

I especially appreciate that you've taken the angle of curiosity,  helpfulness, and willingness to be of service to the investor community. 1.

Out of curiosity, where in Kansas is the property?

You're correct that you've mitigated some risks but you're also letting all the benefits accrue to the seller for your hard work.

Just out of curiosity what would you consider to be hands off, hassle free and still be making money?

Interest continues to accrue and is added to the total outstanding debt.Death or extended move triggers a "non-curable" breach, also known as a maturity event in RM lingo.

I'm sure years from now the equity that's accrued will be all you remember.