Looking to purchase a total rehab, any advice welcome..

[Lee Edwards]

Hey everyone, my name is Lee i'm new here. I am looking to buy my first property which is a foreclosed 1235sq ft corner row home and total rehab. The asking price is $3,000. The property is in a low income community. After the rehab is complete I plan to rent the home out. I have not been inside this property yet, but from the pictures it looks like alot of work. I get mixed opinions from family and friends. Any advice?