Look into and research 3-5 different markets that excite you, choose one to start. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I currently work in the restaurant industry and a multi-unit manager so data analysis is in my blood.   

100% what @Chris Mason said.But I'm just curious:  Why did you choose a NN lease and not a NNN lease?

Basically you need to be able to pay a large part of a long-term (multi-year) lease up-front, then still have some cash for renovation and interior/furniture, to finally recoup the investment through STR and a hopefully very quick way.

I specialize in buy-and-hold and value-add investment strategies, with a focus on multi-family properties.

Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.

You can always call up the title company beforehand to get an idea if they charge any sort of settlement, recording, doc prep, etc fees.As for the Seller side, the buyer chooses the title company 95% of the time, unless seller just recommends one.

Before a walkthrough and before signing a contract is it appropriate to ask the seller of a small multi family for:1.Rent Roll2.Property Tax Bills3.Utility Bills (last 12 months) (landlord pays all utilities)4.Income & Expense Statements (summary)5.Lease Agreements (Sample or Overview)6.Recent Maintenance Records (summary)7.Capital Improvements Summary

No exposed frame.I would choose the black edging where the photo doesn't wrap around.