Live in Flip- Property Posted

[Bruce Bailey]

Hello all,

I recently came across a property in a very nice area. I am renting an apartment right now and am looking to buy a property so my money is being invested instead of being thrown away. This led me to the idea of doing a live in flip. The property is in a great area where I feel would sell quick in the market I'm in. I'm thinking of rehabbing the kitchen, new appliances, new flooring throughout the house, new landscaping, paint, new trim. I may contract out some of the work in the kitchen but most of the work I will do myself. The property is listed at $162,900 but has been on the market for over a year so I would offer much lower and get an extra 25,000 for the rehab. I've been mostly learning about buy and hold properties for the last year and a half so I am newer to this niche. Please take a look at the property and let me know if this is something to even consider! Any help is appreciated. Thank you. 

https://www.realtor.com/realestateandhomes-detail/11199-Center-Rd_Traverse-City_MI_49686_M44488-35741#photo16