What to ask for when buying a bigger multi family

[Chris Sukala]

Good evening all,

We recently purchased a duplex and rehabbing that ask we speak.

but a friend of mine contacted me and asked if I would be interested in his uncles Multifamily before goes to realtor. Could be way out of my price range but if not what should I ask him.

So far I got;

How many units?

Location?

Expenses?

Income?

any management on staff?

Any updates?

I guess I could ask if he would owner finance. If he would do that, then this is more questions I would need to know about. Like what interest rate is a norm, How much down payment would be expected.

Thanks for any feed back