Looking for first duplex or triplex.

[Dylan Grabowski]

Howdy folks, I want to preface this post with this: I'm brand spankin' new to REI, and, I'm still learning as much as I can and might be asking questions regarded as basic things that can be learned by reading the forums.

That being said, I'm looking to purchase a duplex or triplex in West Oakland or East Oakland. What's the best way to go about looking for these types of properties? Drive down the streets myself? Search Zillow? A realtor? 

While I'm still figuring out how to grade a potential investment property (cash-on-cash return, ROI, Cap Rate, etc.) I'm trying to learn how to go about finding particular properties, then I can do "mock" calculations to begin learning how to find a good deal.

I'd move into one of the units as well.

Also, if you yourself have purchased a duplex or triplex, and lived in one of the units, what was your experience with your tenants like? Do you disclose that you're the landlord, or do you say you're the property manager?

I've got a lot to learn, and will appreciate any and all discussion!

Cheers!

Dylan

P.S. Can anyone point me in the direction of a spreadsheet or two?

P.p.s. I'm currently reading Investing in Duplexes, Triplexes, and Quads by Larry B Loftis.