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Updated about 7 years ago, 12/05/2017
Is this a good opportunity for my first rental?
Looking for my first rental property. Found one in Augusta, GA. Seller financed. $2k down, $300 a month. Thinking of putting in a couple thousand and renting it out for $500 to get my feet wet. 10% towards property management as I am in AZ. Would fly in to do all the work. I am 19 and just got my first auto loan a few months ago so do not have enough established credit to get a mortgage.
Would this be wise?
https://www.zillow.com/homedetails/1638-Douglas-St...
Any opinions or tips appreciated!