The sellers were distressed due to ongoing issues and they wanted out.

I ran the numbers and it looks good to me but I was really hoping someone could look at them as well and tell me your thoughts.

The sellers were distressed due to ongoing issues and they wanted out.

PS Depends on your induvial situation on going for the loan or credit first. 

See Lease formsThere are a few situations I ran into which forms doesn't help you and you get sued.

You're property likely won't appraise for full market value because of the ongoing renovation, but due to appreciation and the work you've done so far there should be enough equity to pull some money out at low rates.

 In snooping around online I ran across a new Crypto currency that involves solar energy.  

@Krystian Kucharzyk, did you completely leave out ongoing repair/maintenance costs?

That $500 between the mortgage and rents is not a lot already, plus you'll have other ongoing costs vacancy/maintenance etc.

Make sure you account for all utility bills, pest control (if that is relevant in your area), ongoing maintenance needs (like lawn care, spa care, power washing, deck staining), % held for future CapEx, % held for misc. maintenance, disposable supplies, non-disposable supplies (linens, towels, etc.), property management, cleaning/turnover (mostly pass-through).