Apartment Complex investor advice

[Joe Rinderknecht]

Hello BP, at the moment in my investing career, I am working my way up into buying multifamily complexes. I have a property that I am looking to buy and wanted to know everyone's opinion on whether  it would be a project that would work for you with the criteria that you have in place. I have evaluated it myself but would like to see other members criteria and why or why it would not be a good deal. 

http://www.loopnet.com/Listing/20427872/1325-Lincoln-Ave-Ogden-UT/

[Patrick Liska]

Joe,

Are there other apartment complexes in the area for sale that you could compare the cost per unit ? see what others have sold for recently. If it's in an area that will appreciate and you will make money in the mean time, then it may be ok, but you do not want to over pay for the place either.