Advice on my first rental

[Anthony Pimentel]

I'm trying to get a deal together for a 4 plex.  The list price is 190K but the buyer will not go less than $185K.  I've ran the numbers at 185K w/ 20% down.  I think this is a good deal but would like to get your input.  What info will I need regarding renters.  Do I request for all lease agreements before closing this deal?  Can I ask about late payments?  Anything else I need to request from buyer?  I'm a newbie and any advice would be greatly appreciated.

Monthly 

NOI - $1390

Mortgage - 780

Cash Flow - $600

Cap rate - 9%

COC - 13%