Landlord plan, need some advice.

[Chavis Kendrick]

My wife and I are trying to create a plan before we start home searching in August. My plan is to buy a 3 bedroom 2 bath family home that will have an estimate mortgage of $850-$880 with my VA home loan. We would have to live in it for at least a year but we will be living there for at least 2 years due to my current military assignment. Once we leave our plan is to rent it out for $1200 which is what I see the average family home being rented out for in this area. We were planning on using a property manager and just paying the $100 dollars or percentage of rent. In return we should make about a $300 profit to either pay more on rent or save. We will do this untill the mortgage is paid off or the house appreciates a good amount. Is that not a good plan?