Is this a good first investment? The numbers are as follows...

[Curtis York Jr]

Property costs 9,900 I am able to pay 6,000 = 500 a month or 250 a check (bi-monthly) in one year 2 bedroom 1 bath 20 months or 1 yr, 8 months to pay off 8,100 in repairs. 18,000 loan 5% is 900 10% 1800 Property sold as is. Also what would be the best way about acquiring the extra funds to finance everything? http://www.zillow.com/homedetails/99-Middle-St-Sumter-SC-29150/69173553_zpid/