First Time Rehab Inquiry

Hey BP! Quick Question

I have been looking into a $40,000 duplex in the 44108 Zip and the agent just let me know that there was a pipe burst and the 1st floor has water damage. None of the appliances are turned on so I'd have to do a dry inspection. I may be inexperienced, but I'm worried about possible mold from the water damage or frame damage from the water, and not knowing the state of the appliances and with the other rooms looking beat up, I don't see how this could be profitable and keep it under 75% ARV (Est. 120K-150K). Is this something I should spend time and money getting inspected and quoted?

Thanks guys!

Jay Grant