mutlifamily

[Jim Chung]

hello everyone. after months of searching, I am about to put an offer on a 8 units C+ properties in cleveland area. some question brought up was...how do I know i am getting a decent deal from this purchase...where do i compare purchase from others  multifamily property?

since i am buying and managing out of state? what particular area  i should particularly be looking for?

I saw the tax return I/E report owner sent me.. the income on tax return seems to be much lower than the report sheet he given me...the broker stated sometimes there is cash rent transaction between tenant and landlord that not showed up in tax return...how can I vertified this?

thanks

jim