10 Unit multifamily listed for $617,000

[Anjelica Pearson]

Good morning BP Community! 

I am a fairly new investor that is hoping to learn how to analyze small multifamily units (5+ units).   The above information was provided by a local realtor who is essentially wholesaling a 10 unit property he has under contract. Located in the C neighborhood I grew up in and and I own a duplex one block over. This appears to be bare bones information and I am looking for some guidance on how to conservatively underwrite this and similar deals in the future. While I am comfortable with 1-4 units, I know the valuation structure is different on something this size. 

I have asked for clarification on the following:

-Current occupancy

- Unit configuration for each unit (rental amounts listed but configurations are not reported)

- Who owns/maintains the laundry machines

- What utilities are included in this figure/unit (local advertisement for one of the units states only water and trash are included ~65/month is on par with the market)

I know I need more information and I am also aware that these numbers do not include reserves, debt service, lawn care, property management etc.  We hope to pursue seller financing and use the buy and hold strategy. We are not in an appreciation market, but I believe the rents are below market, but I am unable to confirm without the configurations. 

I would also love to hear some seller financing structures that could be presented as advantageous for the seller.

Thank you in advance!