Let's call it a case study!

[Dustin Dummer]

I'm looking to 'dive into the waters'. Don't know even know if it's possible yet but let's call this a case study just for fun. Here's some numbers: multifamily unit (4 units @$435) = $1740. They are smaller 2 bedroom, 1 bath units. Lets call them B to C ratings (don't look like they need a lot of work but a lower income downtown location. I haven't seen them yet but pictures looked better than I expected and don't indicate a lot of needed repairs.  IF I could get the units $135,000, $1200 yearly taxes. Would it be worth considering or does a property have to be purchased for much lower price? I'm sure a lot depends on financing options as well. Which at this point I haven't worked out either. I could possible get a second loan on some property that I own to cover the down payment. Any advice on other figures that I need, financing options, would a much lower price be necessary to even consider, etc? All advice is appreciated.