Srarting out Rental property business

[Mohamed Kaba]

Just bought a house at sherrif sale,with finance through my bank ,it was foreclosed. I have to negotiate with the previous  owner using lot of tactics to get the appraisal. Short story, i bought it for $66000 and done repairs that cost me $6000(appraised at $73000 ,my morgage is [email protected]%.I payed the first mortgage with  no tenant.now I leased for $1100/months with a new tenant. 

Tell please if I made a good deal or what advices you give to keep going on this business.