Searching and Found a Property, Now What?

[Tyler McLeod]

I'm just searching at this point. Not investing any money yet. So this is just a scenario I am looking into. I found a foreclosed three-unit multifamily house close to where I am living in Birmingham, AL. It is listed for $67,700 through a Realtor. I took some pictures to keep it fresh on my mind. It seemed like it was in pretty good condition (from the outside) not too many cosmetic issues at all. I did an Internet search to try to find a value of this property. It came up between $137,396 (low) and $185,888 (high).

Anyway, I am wanting to know and learn the steps from where to go from here.
-Calculating expenses (I read an article about being able to calculate them on a napkin to estimate positive or negative cash flow), but I do not know where to find these numbers, including HOA costs, utilities and whatnot, mortgage, vacancies, etc.
-Seeking out and acquiring funding to pay for the house
-Finding tenants (no one currently living there)
-Also, possibly finding a property management company to help (I want a hands-off approach)
-Other steps/costs I have not thought of.

I would greatly appreciate any feedback to help point me in the right direction, or even be a "bird dog" for someone else to purchase this property. I just want to learn the process involved and what is necessary to actually purchase a property (as well as how to determine revenues and expenses). I enjoy reading about all of this information, but I would actually like to watch a deal from start to finish in-person to learn as well.
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I also found two identical 8-unit apartment complexes (they're right next to each other and for sale) going for $180,000 each. Both complexes are active with tenants already living in them to generate income. I am not sure how well they are being kept up or whether they need refurbishing; they were built in 1971.

If you wanted to purchase these properties, what would you do to make it happen?

I realized I really enjoy driving around and looking at properties. Given, there weren't any tenants, so I was able to walk around the property, peek inside, and take pictures.

This is a repost thanks to @David Gellner for pointing me to this forum.