Financials come right after and make sure the numbers yield decent to attractive returns. 

Steven, the idea was to make the deal attractive to the sellers, but how would you restructure it to improve my situation and still be persuasive?

Detached condos seem like a nice alternative with attractive rentability at a more affordable price (<$400K).  

There many things you need to know ideally before you make an offer.Your first thing and not necessarily be the most important is the first impression when you drive like the building(s) and the landscaping, is it's location good for your tenants, the mix of the floor plans, can you add any value, Make sure when looking at the income and expense records that you looking at actual financial statements.Are there any nearby schools and are there there any nearby amenities and what type of the parking is available to the tenants, how any nearby apartment locations and what, if any, are they doing to attract prospects, look at all units and do not let the current owner trying to get you  not to do that, how does the current rental rates being collected near the market average, does it need any capital repairs or rehab right away,does it have a positive cash flow now, is it being properly managed by property management, and is there any nearby retail development and do its match your target market.

There're also some tax planning strategies designed to fortify your investor position.

in fact with multi family specifically it is almost always good to be in a mature area where new development is restricted given that the area attracts a desirable demographic of renters.Hope this is helpful

I would recommend getting someone to set all that up for you and based on my wife's company that does similar things, it should cost you 700-1000 at the most to set all that up with your url and hosting, design, mobile version, seo and updating.

(For those who don't know, FIRE stands for "Financial Independence, Retire Early"- the attraction of real estate for many on BP!)

Can I designate my own primary as a house I am buying as a rental as part of a 1031 exchange?

I have a weird attraction to the word Ghetto because it is most often used incorrectly.