First Time Multi-Family Purchase Help

[Anthony Simboli]

Hi all,

I am going to be investing in my first multi-family house as a buy and hold (will occupy first unit and rent the other unit(s)). My partner and I are looking to purchase in the greater Boston area, so prices are pretty high. With that said, what we have found so far are a bit older. Our biggest concern right now that we are struggling with is understanding the life expectancy of things that could potentially have a big cost for repairs/replacements. Things we have thought of are roofs, furnaces, plumbing, electrical etc...

Is there any information out there that could help us out and are there any specific things that we can look for and ask when viewing properties.

Any help would be greatly appreciated.

Thanks!