How to get started/what to look for
Hello,
Myself and two of my other friends are looking at buying a multi unit property/building. not one of us has ever had any experience doing so, but we all have some capital to put forth. basically we want to learn the ins and outs and the business together on 1 property, and then maybe expand for ourselves once we've learned the ropes.
How should we go about getting started, and or what should we be looking for? All three of us are going to be living around Penn State area, and most properties there are relatively low in costs, but we're not sure how to gauge anything.
Basically we'd ideally like to buy one, live in one of the units, and rent the other(s) out until we're done with school, or decide to move on to something else altogether.
Any feedback would be great!
Thank you for your time.