buying my 1st rental property!

[Kenny Bergeron]

Hi investors, Im ready to pull the trigger on my 1st of hopefully many multi's. However

Im pretty nervous about the property i just looked at. Its in a good neighborhood but the house is old. The home was built in 1870 and its a three family, a 3 bedroom, a two bedroom and a 1 bedroom. The price is 79,000 and is assessed for 203,000. however the 3 bedroom needs renovation, the other two had some work but needs more updating and the floors are sloped. I have not yet had an inspection done, i am not experienced as i am a newbie. I was hoping to find a general contractor as well to get an estimate of cost of fixing up the property. I would love to connect with someone who can help me with my first property. I know i have to learn this and have been reading as much as possible with the time i have. I am from Worcester County Massachusetts. Should i find a multi that doesn't need a rehab for the first property? Sorry so many question just i dont have alot of money and want to get this right! Hopefully i dont have analysis paralysis!!! would definately appreciate some input.  Maybe a 203k loan is a possible to help with fixing up the home? My rough guess is it needs 50 to 70k in work but thats why i want a pro to look at it and just want to know if it would be worth it.  Thanks again!!