Beginner to rental investment

[Christopher Alvarez]

Im planning on making an offer on a property worth 174,000, my offer will be 160,000 how do you guys calculate to see if this deal is worth purchasing if it worth the risk.

It’s a multi family home close to downtown it’s not the best looking place but it’s livable I wouldn’t be investing much to repair so how exactly do I know if it’s worth it I’m new to this and would really like some help.

Or even if it’s a good purchase for a beginner some say single families is better for a beginner