The steps may be tiny or you may get lucky. 

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Find them through Google and meetup.comConsider checking out HUD homes for small multi's owner occupied gets first crack. 

We had noticed some stair-step cracking in the mortar of a few concrete blocks during our visit. 

I have an update:Update #1I was super excited to find a possible 3 flat building, which was newly listed on MLS, But my excitement quickly turned to horror as: Unknown property conditions of 2 occupied unitsOlder, possibly original, electrical wiring that needed updating immediately (vacant unit had 1 electric outlet per room)Seller is deceased, estate now held by sister who lives in New York, who has never visited buildingPossible water/roof damage as warping and thick cracks appeared in stairwells/wallsOlder, leaking windows Questionable plumbingBIGGEST DEAL KILLER: EXPOSED ASBESTOS WRAPPED AROUND ALL PIPES IN BASEMENT!!!!

Wood refinished floors have huge gaps/cracks, and they are layed over what appears to be what was called a subfloor in the Victorian era, which is wood which also has gaps. 

When cutting thru the floor for adding a second bathroom I exposed the pipe and it was cracked and corroded.