In a total package deal for a single family or multi what do you look for?

As obviously it needs to be fixed. 

Even if someone gives you the lay of the land, you would still want to go there to see for yourself, just as you would definitely have someone come check out Dorchester to see what they consider safe and not safe.

You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc). 

I'd also imagine there is likely a way to get the land "data center build ready" for lack of whatever the technical term is,  and then sell that if you didn't want to do the full build.   

I wouldn't do it. 

Re 3X 6X not sure what you are speaking about.I was addressing reserve requirements which do not have anything to do with PITI 

How did you find this deal and how did you negotiate it?

It is a duplex totaling 4 bds and 2.5 baths with modern updates, in great condition.

‘the above part of your comment says it all.