Analysis on potential investment property

[Anthony Greco]

Hi all, 

I am just getting interested into real estate and have been reading books/listening to many bigger pocket podcasts. My Aunt is getting ready to sell her house and I have talked to her about buying it from her to get me started in real estate. It is 3 bds 2 ba single family home and in a good location. I believe the structure is in good condition but could use some rehab to make it more modern. I cannot really find similar homes in the area to help determine what I could get for rent or for a flip. I will be talking to a property management company sometime next week to see if they could assist in that aspect, but any other suggestions on how to have confidence in my numbers? 

Also, any suggestions on what to focus on rehabbing to increase the rental price vs rehab price? 

Thank you!