newbie and full gut property

[Edickson Then]

hello from new york city. new to the site and to RE investing. i have been reading on real state and trying to diggest as much info as i can. i have been looking at a foreclosed property that seems to be a steal at the listed price (i think will sell for much more). the agent told me it needs full gut. would it be a good idea for a complete noob to take such advance job?