Looking for advice on cheap property

[Brandon Ellis]

I just bought my first property with cash but found a second property for about $15,000. The city is going to auction it off because of a tax lien I've already done my title search on a property in that looks good. I could also pay for that out with cash as well.

I drove by the property a couple times and it looks all right from the outside it's brick but I do not know if termites are anything has gotten on the inside due to it sitting for so long. The land value of the property is $10,000.

I just feel like I'm beginning to go a little too far too fast. I will take gladly taken by the advice on this.