Could any pros help me evaluate this multi deal
36 Unit complex built in 1975, 500 mo. avg. rent,tenant paid utilities, 97% occ., long term tenants 4-6 yrs, my home area so I could hands on manage. He is asking 875k and I am thinking 750-800k. He works offshore and cant hands on manage, plus he has to take care of elderly parents so he says he has no time when home :idea:
Thanks
Jon