Possible first (well second) deal

[Arthur Banks]

I say possible first (well second) deal because the first time I purchased property over 8 years ago, I didn't have a clue what I was doing. And needless to say that didn't go so well. Lesson learned.

Anyway, today I will be looking at possible rental. Seller/wholesaler is asking $34K obo. 968 sq ft, 2BD/2BA/garage (2 car?), basement. 3rd BD and BA in basement. I assume I need to make sure it's legal and can be counted as a bedroom?
It's located across the street from a middle and junior high school. Two health centers nearby. And a park 2 blocks away. Nice neighborhood. (I used to live in the area)

From the video of the property, it looks like paint, carpet and cleanup. Pretty well maintained. But again, I haven't seen it up close. So let's assume that and add for any minor repair stuff.

I looked at Zillow for a gauge. ($51K) I'm hoping to get some numbers from my realtor before I go look at it.

I looked at rentometer.com Median rent: $1095 Average rent: $1128 (I don't know how good of a gauge this site is. Although I did throw in what my rent was and it was pretty accurate.) Where does one get rental numbers from? I heard on a BP podcast the other day not to rely on realtors.

What other info do you need to help me analyze this deal? As much as I've read on this site and books and listened to BP podcasts, my brain has frozen. I think I know the answers, but just need that assurance.

I don't have cash, so I need to look at some other financing options. Ideas?

Also, what kind of exit strategy should I be looking at?