My first property not sure if its a good deal

[Joseph D Chapman]

Hello all.

like I said, single family with the basement as another unit in Northern Colorado. Ill be house hacking it. All the utilities are billed as one household. As my first property kind of scary. (But I'm not scared off) The house is a 2bd 1ba and 1bd 1ba in the basement. The house needs some love and needs to be re-wired. The breakers and all. (they're all knobs) Other than that its in pretty good condition. 

I asked for 5,000 at closing to put towards the re-wiring. If I don't get that it won't be a deal breaker. I will be paying 292k with a VA loan. I will also have 40k from the sell of my first home for reserves.

I guess what I'm asking dose this deal sound like a good deal or should I keep looing?

Thanks for your time.