First Condo Investment - what do you think.

[Jason Haynes]

I know most people here don't like investing in condos. However, I'm in Dallas, and the market is pretty solid right now. I'm not looking to cash flow as much as I am looking for long term gains. Since this is my first condo, I want something pretty hands-off. This assessment includes all the HOA, P&I, Insurance, Property Management, etc.

This is a 2/2 condo and way under current Dallas market. It should rent for $1000-$1300 (mo). I have figured $1100 in this assessment. Thoughts?