I am new to investing and plan to follow your excellent practice of analyzing 4-5 properties a day.Looking forward to hearing what you decide with this current property. 

But if you send out bad numbers, you will ruin your credibility and lose the potential for any future deals. 

@Bill Loeb If you are willing to do a little work on floors and roof, I have an excellent property in Pittsboro for you to consider. 85 W.

I am in a good spot where I have a good amount capital to work with and also excellent credit. 

Problem is that CapEx being what it is, you may not discover this fact until a few years in ...I like the mindset and practice of buying a property that would work as either a flip or a rental since it gives you multiple exit strategies, but I have to agree with others on this one ... unless there is an established historical track record for excellent appreciation in this neighborhood over the long term or some other catalyst where you are VERY sure the property will appreciate long term very well, then this property does not work out well as either a flip or a rental.

Most want to know you are credible and many are selling a home that is emotionally  important to them.  

I personally like single family homes, but others do excellent with 4-plex or apartments.

@Andre Cain Depending on your knowledge of Excel and Word, you can get around hand writing all the address.

You have three years of operating history, so my suggestion would be to take all of the history you have, plop it into excel, and see what your IRR is in several scenarios (sell now, sell in 5 yrs, sell in 30 years, etc).

@Greg Horn - Sheri Nixon with Keller Williams is excellent!