I don't want to wear out the good will of my family with stuff I can learn on my own.My main interest is in rentals at this time—smaller multifamily and apartment buildings.

@Bob Bowling I was very skeptical of the price also but building looks good, will hire a building inspector soon to make sure.

Maintain good will.

And it's some goodwill because the tenants are happy to have a few "free" days to move from their last place into their new place.

It’s a reason why when you look at price history and DOM on Zillow and see it's been sitting awhile or for the past six months it’s said pending atleast 4x, because we are in a sellers market right now so something that Is really good will be gone fast!

The bank or lender if they are any good will usually ( bid out ) the process.

People who don’t invest when times are good, will never invest when times are bad. 

Some things to figure out:What is the building worth vs what are you paying for the business aka goodwill?

You value the business based on X multiple of current revenue plus a certain amount for "goodwill" or strategic purchase if you have to.  

I stumbled upon BP a few weeks ago (what a treasure trove of goodwill and information!)