Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

Connect with a local architect who specializes in new construction duplexes and get their feedback on the highest and best use of the land, as is.

A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?

The triplex is occupied and currently bringing in positive cash flow.

Quote from @Jaycee Greene: Quote from @William Taylor: Hey there BiggerPockets members, I'm an upcoming agent practicing running numbers on different duplexes and investment properties I'm seeing on the market, here to share another report I'm working on for feedback.

I'd underwrite the property, with that low interest rate assumable mortgage, to cash flow positively from day 1 as a long-term rental, but be willing and able to use the rent by the room strategy or to rent out part of the property as a Short Term Rental to dramatically increase cash flow during my occupancy. 

However in the past 12-18 months I've seen the perception shift toward lean positive and trending upward.

Any new feedback on Matt Scott and his 7xCapital?

Any feedback would be greatly appreciated.

This creates a negative initial position.