Jersey Shore Cash Property

[Carlos Rodrigues]

Good evening BP my name is Carlos and I work as a photovoltaic electrician and I was doing a installation in Keansburg NJ and at the end of the day I saw a for sale sign. The sign said for sale asking $23,900 cash, it was a single story small house with a detached garage on a corner. and for those that don't know Keansburg was flooded by Hurricane Sandy back in 2013. I do know that there are many vacant properties there now and that they by law have to be raised 6-12'. This property wasn't raised and most likely need to et completely gutted. My question is has anyone on here worked, invested or dealt with properties on the Jersey Shore? Also I have little to no knowledge when I comes to flipping properties. But here in NJ you'll never see properties for $20,000. You'll be lucky to find them under $100k. So that's why this property caught my eye. And recommendations on what I should do? Partners, PM me.. Thank you.