First rental! Good deal, not great

[Krystal Watson]

just put in an offer on our first property! Yay! But... I’ve been absorbing BP content for about a year or so and I don’t know why the whole cash out refi didn’t make sense to me. But here we are with basically a turnkey renal. House is worth about 75k, counter offer came in at 75 after we offered 70k (original price 79.9) rent is 700 a month and we don’t want to go over 70k for the 1% rule. We could do minor things to bring rent to $ 775-800. Our goal is to scale fairly quickly and sensibly and are willing to buy outside of our market if we need to. So seeking advice on whether we should A) except counter offer and learn what we can from our first rental as we save for our next downpayment with our full time jobs. Or B) hold off, decline offer, look for a fixer upper and do the BRRR method properly to have our downpayment pay for many properties to come. Thanks for your input