Would this be a good investment property?

[Arco Verhoeven]

Hello everyone,

I am new to the world of real estate investing and have found a property that seems to be promising. It is currently foreclosed on and the description says they're looking for a "short sale" which I think means they take less money than what is owed?

I am pretty handy so I would probably try to put in a staircase to the upstairs from outside and separate the two levels to create a duplex after doing some general stuff to clean it up a bit like new carpet.

Below is a link, I would love some thoughts from those of you with more experience on what you would do with this kind of property. Or is this a bad deal for some reason I'm not familiar with?

https://www.realtor.com/realestateandhomes-detail/1104-S-4th-St_Effingham_IL_62401_M82291-56466#photo6

Thank you ahead of time

Arco