Learning to look for deals.

[Jason Limbers]

Im looking on realtor at some multi family properties. Im trying to learn more about why or why not to choose a property if the numbers look good.

For example, duplex bringing in $2500/mo. Take away 50% and the note ($485) leaves $765. Doesn't seem bad. I do however think the expenses will not be 1250/mo. The area is so so. Not the best. But has long term renters. 

I appreciate any advice as to what areas I should look deeper into if I were considering this property. Don't mean to ask such a basic question. Its not all basic to me yet.