825k a year investment- what should I look out for?
Here are the numbers
44 Unit multi-family for sale $12,618,052
Gross Rent Roll - $ 918,000
Total Expenses - $92,950
Net Operating Income - $ 825,050
I think this is a great investment, on a large scale.
However, I would like to see what I can’t see. Would some of you seasoned investors chime in to tell me what are some of the important things to look out for before making a big purchase like this?
Thank you for your time.