This is a great approach because investing in multifamily is something everyone has some exposure to - either we have lived in apartments or have at least had some familiarity with it.
I would recommend starting with your education - there are many books and courses on investing in multifamily properties. Make an investment in yourself first and gain some education.
Next, identify the goals you want to achieve through investing - are you looking for cash flow now, or to make large asset gains in the next 5-10 years. Every investor has a little bit different criteria so it is important that you identify your personal goals and criteria before buying...or you may end up with a property that doesn't help you reach your goals.
After that, take action...and continue taking action. It all starts with your first property, so get started after you have spent some time and investment in your education. After you get that, keep going. No one has become rich with a duplex, so real success is gained over time with multiple properties. Staying in the game is important for long-term success.
Best of luck, and get started! There is no better time than now to get going on your future.
By the way, if you liked this, you can take a look at one of my articles below:
Nov 11, 2011