Just bought a dilapidated Multifamily in philly - first steps?

[Alyse Oz]

The property is RM-1 multifamily.  The house is in really bad shape, it has been vacant for a long time and has no kitchen or anything - also part of it has no floor.  The lot is huge 5000 sq feet but 2300 has been built.  With lots of imagination, it can be turned into a 3 unit building I think:

1 studio apt

2 - 2 bedrooms 

I’m just wondering what my first steps should be. I paid cash and have cash remaining to do the work.  I hope I won’t need to finance any of my project.  I’ve been saving up for a long time!  First I want to get insurance, although I’m not sure if any companies would insure it in its present state.  Also I know I need a rental license to rent it out. I don’t want to hire a general contractor for everything bc it’s too expensive.  I would like to hire out each subcontracter by myself ( one company for flooring, one for electrical, one for plumbing, one to do kitchen etc) i guess my first step is to make sure the roof is okay.  I can do the easy stuff like painting.  Plus I figure it’ll be part of my education because I plan to make a business out of this.... after saving more money :)

I’m really excited.  What do you think of my first steps?