Should a newbie start with an apartment bldg or with tri/quad?

[Michael Newman]

Hi

Exploring apartment investments as my first venture into real estate, other than having owned two single family residences which I then rented out, one of which had a separate basement apartment that I rented out and managed.  Am I nuts to try to get into an apartment bldg at this point--thinking 8-10 units--or should I start smaller with quadplexes? Looking for advice, experiences.  Once my home sells I'll have roughly $135,000 to invest and want to use it wisely and get the best rate of return using leverage, which I thought an apt building would be a good fit. 

Separately, in my research I requested and received an offering memorandum on a prospective property so that I could run my financial analysis.  When it arrived it did not include an asking price, is that normal?  i feel like they should start with one up front.  

Thanks

Michael