Investment Property in Orangeburg

[Kadejah Johnson]

Hi,

I'm looking into investing in a multifamily in orangeburg near the universities. Priced at 197,000. It is a huge house. I've discovered ceiling stains and some tenants informed me of small ceiling leaks from the bottom unit. Most of the ceilings in the units have ceiling stains . It's being sold as is and I am purchasing with a fha loan. This will be my first investment property. Is it worth it or should I walk away. Closing is next week and contractor is coming out tomorrow for repair estimate.

Thanks !