As an investment property, you may have to put 25 percent down. You will also pay a higher interest rate for a non-owner occupied property. At 20 percent down and a 5 percent interest rate, the principal and interest payment on a 30 year mortgage is $2,577. Taxes, based on 1.1 percent of fair market value, will be $7,040. The property may qualify for the parent to child exclusion from revaluation, which would reduce the property tax bill. Insurance will probably be around $1,000.
You also need to allow for vacancy and collection loss, repairs and maintenance, capital improvements, and property management. See where this is going?
Your objective is to sell in a couple of years. What if property values stagnate or, worse, decline?
In your shoes, I would pass.