You will likely need to use 2 seperate excel models and use a metric that is easily comparable(relative cash flow, IRR, net cost).Traditional Buy and Hold: Typically requires 20-25% down, and will come with a slightly higher interest rate .75-1.5% over prime.

But those kind of originators will be easily replaced with AI. 

Me and my partner have this duplex in Minneapolis in the north east area, which I would consider easily a B class area and we are priced vary reasonable compared to the comps we have ran.

Definitely a valuable lesson that many of us could easily overlook.

House hack easily.

Lease violations going unnoticed Unauthorized occupants, pets, subletting, property damage developing over time.Vacancy costs mounting Every day vacant while you coordinate showings remotely costs money; can't do quick turnarounds.No local advocate during disputes Code violations, neighbor complaints, tenant disputes, neighbor complaints, city inspections, you're fighting battles by phone.These problems don't exist in isolation.

The units are currently renting for $700 each, but both the seller’s agent and my agent believe they could easily rent for $1,200 per unit. 

The precarious limb only extends over my property by a few feet, but a strong wind can easily snap and carry it into my property. 

Also, I'd check A/C unit -central vs in wall - central will be more expensive to fix/replace vs in wall unit that can be swapped out easily as DYI.

The three most easily defined life cycle milestones/points of entry are: Entitlement;  Development & Stabilization & Stabilized.