In many markets you can find older chromoly hardtail mt bikes for about $100. This one does have newer drivetrain components that would probably work well for touring. The photos also show dual eyelets on the rear for easy attachment of fenders and rear rack. Can't tell if the front has dual eyelets as well. Also can't tell if it has front suspension, which wouldn't be desirable if you are planning to stay mostly on paved roads. This bike also appears to have short chainstays, which may or may not be of concern to you.