First Investment Question

[Presley Becker]

I am looking at a complex to invest in with 18 units that are fully occupied. The property is managed by a contracted company. This would be my first major investment, so I do not have much investing experience, but I have done a lot of studying on the matter. I will need to finance most of the purchase, but if my numbers are correct, it would still generate cash flow even with 100% financing. I’ve requested financial statements, tax history, utility costs, and information on the property management company. Am I missing something or does anyone have advice for someone considering starting on a bigger investment?