-I am also because it is my first multifamily deal uncertain of how to analyze the property entirely, I understand basics of cap rate and some of the things but not sure how to create a strategy of buying the right property with the goal of longterm hold with 8-10% cap rate if its best to buy something that needs a little work to up it to the rate or if I should go after something that is already performing.Any feedback appreciated thank you!

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Feedback much appreciated.

Thanks, any feedback would be greatly appreciated!

But if you're getting feedback like one other poster mentioned (people not returning calls after you mention you're next door, etc), consider dropping the price to reflect this, quickly.

I have gathered enough information in my notes from the experts and organizing them for streamlining purposes and soon will start markating.

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

@Shane Hedeen I really do appreciate your feedback!

I would gather as many details as you can and come back....I like the seller carryback option, so you may be able to get into a solid deal with little personal capital if you don't want to leverage bank money and struggle to get an institutional loan...or FHA loan on you next deal...which is hopefully soon. 

@Christine Travis from what I gathered Red wants to buy the property from the current owner.