Advice on possible flip on busy 4 lane

[Gena Mueller]

We have an opportunity to purchase a home that has not gone on the MLS yet. It's in horrible disrepair and the realtor doesn't even want to go inside. Rumor has it that it has a bedbug infestation. In addition, it is on a busy 4 lane road and traffic is quite loud. On the plus side we can purchase it for about 20k. At this point I am unsure of rehab costs since we have not been inside the property. We are fairly new investors having flipped 3 properties. Is this a deal that you would pursue? Don't want to waste time on something if being on a busy street would be detrimental to resale of the property. TIA for any helpful insight you might have!