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Updated over 7 years ago,
Is buying+holding a sf home at $175,000 a good deal?
The property is in Kyle Canyon. The garage is attached to another house, so its not truly a single house. It's 3 bedroom 2.5 bathroom built in 2004. HOA is $68 per month. Zillow has property tax at $1005 per month.
Zillow lists expected rent at 1250. Houses like these are going for ~$200G, so not sure how I landed such a deal.
What should I look out for? I want to keep and rent. This may be my first property. Will be managing out of state.