Just checking how this property is doing now? 

Get a pro to check it out and set a budget.

The nice thing about excel is you can check all the formulas. 

Thanks #Eric and #Matt for your responses.I checked and it is a legal 3 unit.  

I just got my refi check on a full cycle and looking for more off market deals. 

Best thing to do is to call the local housing authority and they can explain some numbers for you and the process (assuming you can get ahold of them).You could always just post the numbers here or in the proper forum and double check it.

Now I am the landlord and live 2 hours away and switching the payment to be mailed to me by money order or personal checks.

When you want to sell, double check with a qualified intermediary to see if you're going to qualify for a 1031. 

Check out an earlier blog post for tips to strengthen your credit score.

Make sure you check their work!