College kid stumbled across a deal! How should I proceed?

[Joel Unick]

I am currently in college and looking to buy a duplex after I graduate, so I was just looking through Zillow and analyzing deals for practice when I came across a deal that seems very undervalued. This house is listed at $65,000 and the rest in the neighborhood are upwards of $140,000. My first thought goes to "what is wrong with it" because this deal seems too good to be true to come straight off the MLS. The images show a hospital bed and a wheelchair in them so I wonder if the resident had to move to an assisted living facility and now the family is trying to sell the house. It seems like it would just need some paint (the walls are currently painted yellow, purple, and green!) and not much more work than that.

I don't think I would be able to qualify for a loan, so I'm not sure how to proceed. Should I try to wholesale this to another investor? Or try to gather up money from friends and family to purchase, paint, then sell? Also, what are some things I need to watch out for when approaching a deal like this? Any input and advice would be greatly appreciated!