Need Help Reviewing a Property

[Jeremiah Jares]

I just found this Multi-Family property that could be my first investment and at the risk of someone snagging this from under my feet, I wanted to ask a couple of questions.  I've never done any real estate investing minus one time being a GAP lender for someone who introduced me to the world of real estate investing.  

I'd like to get a multi family, but I'm unsure of where to even begin, this just seems so complicated.  I know there is no reward without a little bit of risk, but can someone offer me any advice regarded where to start.  Realistically maybe this property isn't good for a first time investor so worst case I hope I help someone here find a potential good investment.  Please check out the property in the link below and I'd love to get some advice.  Thanks for any help you may provide!

-Jeremiah

http://www.mlsfinder.com/il_mred/kw_142/index.cfm?...