Advise for first time investor

[Jeff G.]

I have $50,000-60,000 from a stock sale that I looking to invest in a single family home for rental property purposes. In my area the homes that I have been looking at are selling for $120,000 to 150,000 and the typical rents for these houses are $900 to $1100 What I'm looking for is a property that will cash flow and be a good return for my money. I will be talking to my realtor tommorrow but trying to gain some insight on what I should be looking at, any advise would be appreciated.