Potential first house hack

[Alex Archer]

First of all super excited to be on the forums posting about my first potential deal! For starters I am young (22) and have had my real estate salesperson license for just over a year now, I also have a full time construction job. One of the associate brokers at my brokerage said that she wanted to sell one of her rental properties.

The property she wants to sell has a mobile home on it and a 2 car garage with a 2 bedroom 1 bath apartment above it. The mobile home rents for 1100/mo which is section 8 and the rents have not been raised in 3 years. The garage apartment is where I would stay and live which right now is rented for 1100 as well. The section 8 tenants have been in the mobile home for 15 years and have no intention of moving, if the numbers work out then I will most likely be putting a contract on it no rehab necessary she said the only thing it really needs is a water softener.

I just want to pick everyone’s brains on here and see what you guys thing as I don’t have any experience yet. Any tips tricks and due diligence is greatly appreciated!