What should I buy for my first property?

[Maurice Lightner]

I’m paying $1800 in rent and although I love my brand new apartment and all of the amenities I’m ready to own my own property. I really want a duplex, but most of them are far from where I work (40 minutes away) and the numbers just don’t add up when I run the reports from this website. I just came across a property recently remodeled in a sketchy, but up and coming neighborhood for $220K. It’s a 2/1. I could get 100% financing and I’d have a roommate line up. My mortgage would be about $950, but less than $200 with a roommate. I really like this property or should I wait for a duplex in the same area? Most of the duplex I came across so far will need some work.