Is this a good idea for my first buy & hold?

[Matthew Parkhurst]

Looking for my first property and came across this. https://www.zillow.com/homedetails/1638-Douglas-St-Augusta-GA-30901/14957023_zpid

With seller financing it would be $2k down, $300 a month. Was thinking of putting a grand or two in it and renting for around $500. I’m in AZ but could fly out there to do the work and have a company out there manage it.

Is this wise?

I make about $4k a month after taxes and my bills are around $1500.