HOW DO YOU KNOW???

[Shaniqua Dupree]

how do you know if you should flip in a neighborhood? I see a property for 57k in a hip area the property was assessed for 124k in its current state. ARV could be 250k+ Its been on the market for 54days and has a ton of comps around it. The good thing about this property is that if it does not sell quick enough i could easliy rent it. It is a foreclosure. Now my concern is that its listed as a one bed one bath. Many houses list and many houses sell. What else could i do to determine if this is a good investment.