How do I buy an apartment

[Igor Zaytsev]

Hello, I am very new to Apartment investing. I am trying to figure out the steps and in what order I need to do them in to buy my first deal. Iam looking into a 16 unit apartment near university of Washington. It's a used for student housing and has a cap rate of 11%. He is asking 1.8M for it. I currently have $300k to put into this deal and am looking for a partner so that we can secure a loan. I'll also look into a management company as well as a contractor. My question is at what point in the deal do you typically go and walk the property to get estimated repairs. It seems like I need to do that before anything? I need to have all these estimates to take to a potential partner and then to the bank. Any one have a recommended read on the detailed steps to putting a deal like this together? Much appreciated.