Would you do this deal?

[Arturo Cooks]

This will possibly be my first deal as I enter this new world of investing, I just wanted to get a few opinions if anyone has had any experience with similar deals. 

The deal will be structured as a lease option agreement (as I work to establish credit) the seller will cover the monthly T.I. As the buyer I will be required to pay the monthly PI. I will keep the cash flow, and be responsible for Property Management. This is a  2 family home with long term tenants. I will not reside here.

Selling Price 62k -(Seller is asking for a 5k downpayment)

Rents - $1395

PI- $499.10 (I pay)

TI -$365 (Seller pays)

Im really new to this, as a "lease option" deal would this be or a similar deal be considered good/bad...why?