What to do with Vacant Homes?

[Jeremiah Damiron]

I know that in real estate finding vacant, unlisted, damaged properties can be a good thing. In my local area of Haverhill, MA, i been looking into an eyesore of the community that is just off a main road. It is completely vacant, with an abandoned car sitting next to the property since 2008. Not exactly sure what happen to the owner but the front door is barred off shut. It is a multi family house with 2 units. It is along a row of nice quality homes across the street from a great view of the Merrimack River. I looked outside the house and spoke to neighbors to see if they knew anything about the house or owner. One man suggested that someone hasn't been living there for years and couldn't verify on the address of the property. This is property could use a great amount of work but it is truly an eyesore.

Now by discovering this property I know something can be done to fix the situation. I am still fresh off of learning and just getting my feet wet in real estate knowledge period, so I don't have the resources yet to know exactly what to do. It could possibly be a wholesale opportunity, so someone with the resources can do something grander with the property, but that is the only option I know.

If this in anyone could be a first potential deal, what steps should I be taking on this property. It seems like it could have amazing value if fixed properly and is in a nice area where other homes are currently being fixed and built.

Any input or guidance on how I can turn this discovery into something meaningful I would be glad to hear it.