At 12 units, this deal is small enough that confidence in what units can rent for and how easily they can be filled and kept full would be at the top of my due diligence list.. above seller reported operating statements. 

The difference is most investors only have confidence to buy when assets are already expensive in hopes they'll become more expensive. 

If you buy something for even 250K that can only rent for 1500/m, you're going to lose money on it every month (assuming you would finance the purchase and not pay cash - if you pay cash, your return is terrible).If you're not feeling confident on the number you'd need to purchase at to have to make sense as a rental, then I'd suggest learning a little more about how to analyze the numbers on a real estate investment - BP's webinars are a great place to start, as are the books in the store.Personally, if all I knew about the house was "1500/m rent", I wouldn't even think twice about it until the price was below 150K.

If you aren't confident in managing the property on your own, I would contact a good property management company who can list it for you and get you a good rent rate.

I’m fairly confident they’d be losing more money going that route than paying me to do repairs.

I’m also an aspiring real estate investor looking to expand my knowledge and confidence as I begin my career as an investor.I’ve been listening to Bigger Pockets over the past couple months and it’s really opened my eyes to investing in real estate.

Be confident.

I grew up having 2-3 dogs and we also fostered dogs.

Some of it is resources, some of it is confidence, some it is knowledge. 

@Dave Foster Hey thanks Dave!