Multifamily property questions

[Daniel Furtado]

Hello, 

I am new to real estate investing and have some questions on multifamily properties, I would like to purchase my first property sometime this year in Las Vegas but I am unsure on knowing if the purchase would be a monthly cash-flowing  property. I know the rule of thumb to investing is always "LOCATION LOCATION". I currently am looking into a fourplex that is not in the most ideal neighborhood in Las Vegas so how do i go about determining whether this is a good purchase? any feedback helps, Thank you!

[Benjamin Aaker]

If you will be using a property manager, and you should, contact property managers the area you are looking. Tell them that you are looking to invest in their city and are looking for a property manager. Part of your interview will be to talk about values and locations. You might even tell them the place you are looking at. Don't expect them to spend a lot of time on this up-front conversation, but they probably will be willing to give you some top-of-head numbers in the process of looking for another possible client.