what do the experts think

[Sean Butterfield]

OK here's all the info I have: Two properties w/8 fully rented units, $3890 gross income/month, seperate utilities. Annual taxes $1486, ins $1780, maint $1000. Asking price is $99,900-recently was priced 25K higher. Was looking at previous posts about rental analyses but am not grasping the 2% and 50% "rules". Now I assume I would need rental history, utilities, why the recent discount, also $3890 divided by 8 is like $483 and some change which is kind of an uneven number. Plus all the other stuff like prop cond, liens and the like. What do you guys think? What else should I be looking at? This is a prop advertised by a local realtor by the way. Is this something I should proceed with cautiously or grab it quick? I hope I'm giving you guys enough info and sorry for all the questions but right now my head is spinning from searching this forum to answer my questions.