Would you do it - doesn't meet 2% or 50% rule?

[Viren Patel]

Hi everyone,

First time investor and looking for some advice. Newly constructed duplex for 525K with each side renting for 1950 and 350 for a garage. Gross = 51000 but I would be going traditional financing route  + possibly Property management fees since it will be OOR. For first couple of years we can try managing ourselves since its a brand new build. Doesn't meet traditional 2% and 50% rule. What's the advice you have for first time investor. Thanks.