How to find out if a multifamily property is good to buy?

[Farshad Zahedi]

Hey everyone. I’ve found a multifamily property and going through the final discussion on pricing, etc. with the owner. However, the deal looks too good to be true. The pricing, return, and all other financials looks great. The property is not on market (and I dont know why!), ... my question is how I can figure out ANY issues with the property? Or, is there anything I should be aware of in multifamily properties? What should I check to make sure about the property or the deal in general?

I know its a wide question, but thats where I am right now...kind of lost :)