Analyzing my first property!

[Tim Kelly]

Hey BP! Just walked through my very first property as a potential first deal! It is however, a bit different. I do like it because it was a single family home but it is laid out as a perfect multi-family. A kitchen, two bedrooms and a bath identically laid out on both floors. It even has potential living space above a detached two car garage. Anyway... What is the best guide for analyzing my first property? What red flags would there with this if any?? What is the best way to figure out if the asking price is even close to being reasonable? I am also just looking for other general advice in analyzing my first property. It is in the Hampton Roads region of Virginia, Portsmouth to be specific. Thank you all in advance for your continued support!!