Officially bought my first investment property

[Onaje Barnes]

i have been doing my research for about 8-10 months and i finally found a good property in a pretty good niegborhood. I am so exited that i finally have started the process of being an investor. i bought the house for $130K it is 4-2.5 3000 sq feet. Avg homes in the area sell at $75 a sq foot so i figured i could get about $215K--$215K for it to get rid of it fast. Right now the budget is at $25K w about $5k in contengcy which after 2 weeks of work so far i think i will have to use due to unforseen costs...but i still think I'm in good shape. Any thoughts?