13 unit apartment building

[Sean B.]

Hi, I am new to BP and to real-estate investing. I am a recent graduate from college with an engineering degree. However,I really would like to pursue real-estate investing instead of an engineering job. I also recently inherited some money from my uncle so I do have so money for down payments. I am currently looking at properties around the area and just happened to come across a property that seems completely out of the question but I was curious what you guys thought. 

Like I said it is a 13 unit building. It is listed for $499,000 with a 9.7% cap rate. The property is listed with its current income of Gross: $108,480 with total expenses of: $60,163. 

Would a bank even slightly consider giving me a loan for a property such as this or should II try to get a more reasonable property such as a duplex for about $150,000?