Too Much Too Soon?

[James Yepez]

What's up everyone!

I hope to get some response...

I'm looking to invest in Baltimore to flip a house. I have a potential listing but it would need a full gut rehab. The owner even told me that all metal and wiring has been removed - no plumbing, wiring, assuming no HVAC, gas line, and hot water heater. The property also has active mold. This property doesn't scare me and it actually kind of excites me to see what I can manage. This would be my very first flip/investment.

Purchase Price 20k

Rehab - Dont have enough details for this.

Comps - 180k

My main question is how hard/much would it be for the mold removal and also placing the pipes, wires, etc.

Seems worth it to me but definitely a tough one.

Please remember I'm a newbie and I'm really just trying to see what's out there and get opinions on things.

Thanks in advance for you opinions!

James Yepez