Potential Deal-Please Provide Feedback

[Tara L.]

ALL:

Good afternoon. Can you please tell me if you think this is a good deal? Here are the details:

3 houses for sale for $17,000 each; they're all rented

The two 2BR homes rent for $450 per month and the 3BR rents for $500 per month = $1,400 per month

The total estimated taxes per year for all properties is: $500.00

The homes are somewhat decent from what I've seen in the form of pictures, but I plan to do a walk-thru in a few weeks. The owner said that one of the houses will need a new AC unit soon, and from the pictures, I'm thinking a window AC, which is not that expensive.

Do you think the deal is worth pursuing? Thanks in advance for your responses.