@William Powers wow that sounds like a great property in that you can rent it out for that price.

Its a small residential town that services a larger regional city of Gladstone which has some natural gas plants, a port, refinery, smelter and power station. 

Bill Gulley is a power poster and doing a backlink check on ahrefs.com his website holtonwisepropertygroup.com has 5,000 backlinks to biggerpockets.com.

Also, don't underestimate the power of interacting in the forums and going to meetups if you want to start getting more serious about real estate.

I would be very careful about the HOA fees if they are in the rental property... a lot of those HOA boards are just guys on power trips that may have a lot of restrictions or add new fees suddenly that will kill your cash flow.

Have a Powerful Sales Day!! 

The powers that be there think that a new big box store is an economic boom, while a million square feet of commercial/industrial space goes unused.

Your power comes from getting this paid off quickly.Otherwise, you're on a 30 year drag of shuffling money around.

Realtors have a lot of political power and they would love to get investors out of the game. 

Knowledge is power and all that.Good luck!