Seeking advice: Really nervous about 1st multi-family property

[Tri Nguyen]

Hello. I just entered contract for my 1st multi family property (and 2nd investment property). It is in Berea, Ky. I don't know anything about Berea, Ky! In doing my research, however, it does seem like a nice charming college town. The property is a 4-plex built in 1978 in a B- neighborhood. It is a cash flow move and looks like will net a minimum of $500 a month. Thoughts? Advise?  What should I look for in the home inspection report. Thank you in advance. I am extremely nervous. It is out of my comfort zone.