Condo Purchase - Please analyze

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There are so many great minds in this community so I wanted to run this deal by you guys to see what you thought. I am leaning toward buy and hold. I own a vacation rental home 1 mile away and it does very well. I will try to vacation rental this unit.

However, does this pencil for a flip or buy and hold better.

Condo
purchase price: 90K
repairs:10-15K

ARV-120K

900sf

2br 1ba

Fair condition needs to be updated. i.e. flooring, bathroom and kitchen.
Good neighborhood in Palm Desert, Ca

Rent: 1000/month.
HOA fee- 240/month

FINANCING: owner will take 25k down and carry the rest.

Please let me know if you need any more information from me.