sheriff sale

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Hi again . im still new to this . i been reading all the post on this site . very good topic . this site gives you more info, you will ever need . ok here it is i found a house my money is where i need it. its a sheriff sale house 2 br. 1.5 ba. it has 1 apartment in the back .the whole property is in fairly gd shape . the claim amount on the both is $64.356.32 . my question is when i go to the auction should i set a limit on how high i should go and if wat is the most i should go . i think it is the perfect property for me cause the appartment is still occ. so that will be positive cash flow till i can fix the property and sell it . do yall think this is a gd idea for my first property to fix up and sell it?anything you can give me will help .