buying my first house

[Affrekkah Walton]

would like to purchase a house in the 46222 area would rather rent then flip seeing as tho the area is low income the eagaldale area has a few nice houses to buy for 40 to 60 thousand ready to move in no major work needed is this a good idea would be buying the house through the bank and would be  renting it out i would only have to put 3% down plus closing cost which can be provided out of pocket  looking for pros and cons someone please help