Seeking Guidance Multi-Family Property

[Shauntra Franklin]

Hello BP Community! I am currently searching for deals to begin my journey as a Real Estate Investor. While doing my research I came across a few multi-family properties in one area that sparked my interest. The properties are owned by a faith-based organization and have been boarded up for 5+ years. I am looking to see if anyone has ever dealt with as such… I have a game plan that I am going to put into action, but wanted some advice to see if I am on the right path.

First I have used the BP tools to see if this would be a good fit/deal for my current situation…

Second, I have composed a letter to the faith-based organization notifying them of my interest in their property. (If they accept to meet with me to discuss my intentions. I am moving to step 3)

Third, I plan to reach out to a Real Estate Agent for further guidance (I have a Real Estate License, but I have not practiced since 2010. Once I get back in the hang of things again, would it be wise to represent myself?)

Finally, move my pre-qualification status for a loan to a more serious inquiry with my mortgage lender.

I am expecting a few bumps and scrapes along, however I would not like to make a mistake that will ruin me before I get deep in the work. Thank you in advance for your guidance and support!