I have a busy life as it is with the job, wife and small kids, so I need to start slow (or perhaps go crazy and dive deep, lol).

Don't just strike off setting things up yourself without a deep understanding of business matters and legal aspects, get qualified advice from your attorney and tax advisor along with your insurance agent, those three advisors should be a part of any type of business team.

Once you get deep into the information, then you'll be able to ask for good advice.

Unless you have deep pockets and you kick all the tenants out and re-hab all the units, you will end up following the last landlord into another power of sale.

Way out on the plains or deep in the mountains?

If you're not getting it for a DEEP discount, then you are worth nothing to an investor/buyer.

As it stands with this detail there is no reason to expect a deep discount.

@Terry Jeffery There are some great REI groups here.I'd recommend going to the Roddy Round Up which meets in Addison.George and his family have very deep roots in RE here, and are good people.

We do update if it is extremely old/poor looking but as long as it is average we will just deep clean it and leave it.Vacancy is almost never an issue since the area is highly desired, close to highway, shopping so we typically rent at market rent or sometimes 50$ below if they are willing to sign a multiple year lease.

I kinda got "thrown" right into the deep end.I launched a career in real estate recently and I landed a client who is selling a commercial unit, so I have to swim or sink.