First Deal. Home Inspection Report. Over my head?

[Jason Martinez]

Hello Bigger Pockets Family. 

I am currently in contract on my very first OOS SFR deal. I am super anxious and excited. The house is being sold AS-IS. I understand AS-IS meaning the seller will not make any repairs.

I just received the Home Inspection Report and I am not a contractor or expert, but I am a little concerned about it. In my eyes the house needs quite a bit of work, mainly cosmetic, but with a few concerns regarding electrical, plumbing, and fuel tank. 

Here is the house: 

https://www.realtor.com/reales...

From the interior pictures I KNOW it will need paint. I was weighing the options financially to fly out there with my dad and paint it or have a contractor do it, however, now it needs much more work to be rent ready. 

Concerns: 

1. Bathtub: Very slow draining 

2. Bathroom: Hole in drywall under sink (not leaking) and hole next to bathtub 

3. Master Toilet: Did not flush properly 

4. Doors: 4-5 Doors did not open/close properly, they look fairly old. 

5. Kitchen Sink: Faucet leaking at base

6. Garbage Disposal Removed: Wires under sink are exposed 

7. Electrical System: Meter Base is undersized compared with electrical panel 

8. A/C & Water Heater: Functioning, but past designed service life. 

9: Buried Fuel Tank: Signs of possible buried fuel tank.....? 

Here is the Home Inspection Report

Scroll down to page 42 for Summary Report 

Am I in over my head on this one? I estimated at least $5000 in repairs, but now it seems much more.