Would You Bother Investing in a 40k Condo?

[Dan Brindley]

http://www.realtor.com/realestateandhomes-Detail/7935-Preserve-Cir-Apt-415_Naples_FL_34119_M64835-85423?source=hp

It's in Naples, FL. I'm sure it would rent out for at least $800 satisfying the 2% guideline. This seems like a decent deal, no? I would rent it out.

I dont have any comps or many details. I'm not even considering this deal since I'm not ready to buy anything yet; I'm just practicing some mock deals.
I'm just wondering if you guys would be likely to inquire more about this TYPE of investment, or just dismiss it right away ignoring what the comps and other details may be.