I think I found my first deal

[Eric Brown]

I have just recently found a potential buy and hold property listed for 55k. According to the county auditors site the surrounding properties have appraised for anywhere between 80k to 100k. I have a scheduled appointment with the Realtor this weekend to view the property and already, based on pictures, assume I will need around 5 to 10k to rehab. Just wanted to ask the community for any tips about what to ask and what to look out for. Since it's my first deal I wanted to see about a land contract deal in my state of Ohio which the owners said they wouldn't be apposed to talking about it. Thank you for any help you can give.