Good, bad or Advice

[Joshua Buckner]

Need some thoughts from you guys.

I'm buying a piece of property in NC with about 2 acres for 166800. It has 2 houses the first is fairly updated with a new roof, new windows, updated plumbing and electrical all of the structural and important stuff is updated. The other house on this property needs about 20000 dollars worth of work. Once updates are complete on this house I would probably receive somewhere between 500 and 700 dollars in rent. Any recommendations or thoughts are highly appreciated.