Hello,  I have heard so many stories about wholesaling to start off and it sounds great but I never hear about the situation when you don't have a buyer and are stuck buying a property that you don't necessarily want.

The thing is I don't quite know where to start especially in today's economy.

Haha sorry not trying to start a new convo necessarily.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Start playing with the BP Calculators to find the answers to your questions:)

With long-terms you'll want it filled out or close to full whereas with a rehab you'll want it empty or relatively empty to be able to start renovations as soon as it's been purchased.Try to find out more about the cash flow, tenant history, and if it will need renovations as those will be the key indicators for what type of loan you should be looking for.

My dad worked as a contractor for over 30 years and now I am looking to start a family business (he is retired).

He is a good friend that I work with at the firehouse who has been interested in selling his property to me ever since I mentioned wanting to start investing in multi family property.

It will probably only get used during the winter. and I can see some maintenance issues too with all that moisture inside it would be easy to get mildew or mold growth started if it is not maintained properly and often. also it is traditional to follow up your time in the sauna with a dive into a nice cold lake (or pool), or at least you might want to have a cold outdoor shower nearby. personally I would spend my money on something like a hot tub before I bought a sauna.

If you are getting started and are in New York, I would not recommmend you buy in New YorkStart in a place like Michigan, Tennessee, Missouri or Mississippi.