Found my first potential property. Is this house to "small"?

[Jared Fannin]

I've been listening to the BP podcast for a few months now and have read several of the BP books so im anxious to get started. I found a local single family property that will be a fixer upper for $35,900. Its a 2 bed 1 bath house that's only 950 square feet and other than some obvious cosmetic flaws looks like a pretty solid property. Am I setting myself up for failure with such a small property? Im pretty sure ill be limiting my options for tenants with such a small property but will this be a ongoing issue for me going forward? Just curious if anyone else has struggled with smaller houses. Thanks in advance!