Another thought is converting my Cape style home to a multi family.

Olu - Assuming the geography and style/type of building fits your criteria (others have made comments that you should consider) the other part of this discussion on whether this is a "good deal" is the ability to increase the NOI of the property over time.

Online won't get too far to start, you want that in-person.I would focus more on working out the schedule to accommodate what you want to learn.

Everyone above has valid points, but just maybe the low margin will be worth thousands as a learning experience for your future deals.

I will post the building explosion episode here too because there is alot to learn about being an organized Landlord before something goes wrong. https://www.straightupchicagoinvestor.com/podcast/episode-26...

Thank you,I'm new to this type of investing (more familiar with buying businesses) so I'm cobbling together information from brokers, chatGPT and everything in between to figure out what I need to (at reasonable cost while controlling risk profile) complete an acquisition.Facility is in rural Kansas, and is composed of a portfolio of 4 buildings on 3 parcels. 195 unit count - ~10 years old on average, some are newer (2 years) others older (15+ years)I'm trying to learn what I should watch out for in the process and what studies will be needed to get a good level of comfort before acquiring the facilities

I, instead, invest in midwest markets (Memphis and Detroit), mostly doing BRRRR style purchases.

Over the last year I've learned A TON about seller Financing.

I'm eager to learn from your experiences and perspectives.

You aren't going to learn anything by looking at homes on Zillow on your computer.