Possible flip, scary low numbers

[Adam Irvin]

I'm looking a deal I've found that seems to have potential, but there a few things that have me worried. 1) the house is about 2 hours from where I live, and this would be my fist flip. I hate to be that far away if I need to get there to check on contractors or deal with issues. 2) it's a small/medium sized rural town that has little growth, which leads me to believe it may take longer to sell once it's ready. 3) the numbers are low, but I think they still could make sense. Asking $15K for 3/2 1080sqft ARV around $75K Rehab costs approx $30K including roof, foundation, HVAC, and possible plumbing due to foundation work. It also might need and electric panel upgrade. Any input/advice will be greatly appreciated. I've also considered just getting it rent ready, which would probably cut my rehab cost by $7-10K.