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To follow up on what @Guifre Mora said, here are the main things I would look at since it is a 3 unit and a quick breakdown for analyzing it.IncomeRental income  -Vacancy/Loss to lease (depends on area but 10% of income would be a good general figured to go with)Other income (if applicable, might have coin washers/dryers since it is near a college)Total IncomeExpensesProperty Management Fees (10% of income)Repairs and Maintenance (10-15% of income)Real Estate Taxes (can find on county's tax assessor's website)CapEX/Reserves (Can vary greatly based on condition of the property, roofs, HVAC, etc. 

That being said I just found a good opportunity to buy a multifamily home near my home town that I feel after analyzing will check all my "Brandon Turner" analyzing boxes. 

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@Adam SiegI run rentometer and then have a webapp I've created to further analyze the rent by square foot.

However, Bexar county has very high property taxes, so make sure you do your due diligence with analyzing.

Don't analyze a SFR, then a 4 unit, then a 20 unit, etc. 

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