Seeking advice for my first rental investment

[Jackilyn De Castro]

Hi there,

I've watched many BP videos on Youtube, but I'm a pretty new member to BP and still have a lot of reading to do. However, I came across a rental property that I think may be great as a first investment. It will probably go quickly so even though I'm not completely up to speed on all the landlord education, I need to act quickly if I want to make the move. 

Here are the numbers - the condo is $65k and it is currently being rented at $890 a month. The tenant would like to stay and they are on a month to month lease. Just looking at the numbers, it seems like a good investment. 

Any advice would be great. Thanks!