How do you inspect a foreclosure?

[Ethan Epps]

What's your approach to evaluating the condition and determining the rehab cost of a foreclosure? The hypothetical property is bank owned and it may be occupied or it may not, this is unknown. Let me start off by saying I'm not looking for answers like check out the i.e. roof, flooring, HVAC... I'm asking do you drive to the property, get out and walk around glance through the windows and key the door? Or do you simply just drive by and hope for the best? Thanks!