Analysis of 2 apartments for sale ( 4 total units)

[Lance Austin]

Good morning BP, I'm a new investor trying to get into the game and came across this listing near me and wanted to bounce the information off you guys. It consist of two apartment units for sale and it is section 8 eligible, all apartments are currently occupied . It generates an income of $500 per unit per month, total gross of 2000 per month. Taxes are $1000, insurance roughly $800 annually. Asking $139,900 and is wanting to sell fast. Current owner completely renovated all four units within the last two years. He's stating he is simply wanting to get the money out for another investment opportunity. New roof last year. There are a lot details I don't have yet as I've only had one conversation with the present owner. This seems to be a very solid investment and I don't see it being on the market very long. I know I need to ask more questions but I'm not sure what all information I need to collect. I want to move quickly but don't want to hurry the process and make a huge mistake. I know there are other interested parties. I know nothing about section 8. Thoughts and suggestions are welcome. Financing and down payment are not an issue. This is my first post. Thanks to all who offer direction. Cheers, Lance