Lost Objectivity. Opinions Please.

[Jeff M.]

Hello BP Friends:

I seem to have lost objectivity.  Or perhaps I am just getting the jitters.  I found a deal.  A house worth $150,000, selling for $115,000 but it needs $20,000 in repairs.  It meets my criteria of location, construction quality, etc.  Terms are good.  If I buy it for $115,000, put in $20,000, I will be in to it for $135,000 and it will be worth $150,000.   I am a buy and hold investor.  It will cash flow.  Opinions?  Would you take this deal?   It feels classic Millionaire Real Estate Investor formula but now that I am staring it in the face, I am having indecision.  Thanks.