Hard worker but leaving the life of paycheck after paycheck.

I have market rents at $1100 based on the condition and size

As long as they leave the property in as good of condition as when they entered, I would extend some grace.

Recent changes have some underwriters forcing PMI, if applied, for the life of the loan, so do everything possible to avoid it.View the payment differences 15 vs 30 yrs here

It's 4-bed 2 bath with almost rent ready condition selling for $50K.  

I am looking to put down 25,000 dollars and take out a loan for the remainder (30 years @ 3.7%).The property itself is in great condition.

Just my personal opinion and others with more knowledge could prove my wrong, but I would say that you should buy if the rental numbers make sense based on current conditions and don't expect much appreciation.

If you move into a new location take photo's and note condition of apartment on a move in sheet so you have reference at move out of what you originally had, and ask new landlord to either fix what's wrong, or reference that on a copy of your move in sheet.

Best of luck to all of you out there who are hustling and grinding trying to make a life for yourself.

Even $50 a month can reduce your interest greatly over the life of the loan.