Would you buy a fixer that needed new Siding, Roof and Windows?

[Anthony Cresswell]

Hi BP

So I'm looking at a potential deal in my area. The property is in a great area, is currently vacant and bank owned. I highly doubt they will accept the offer but want to know the community's advise on this one:

ARV: 130,000
Asking: 85,000
Offer: 60,000

I went out today to have a look and noticed it's in desperate need of a roof, Windows and siding. My guessing is that alone will probably be close to 20k if not more and thats before we even get inside where I estimate another 5-10k is needed. I guess my question is would you buy something with that much to do?