C class neighborhood

[Jaron Sherwood]

In searching Craigslist for a deal I cam across a listing that talked about a 3b2b deal as-is, "needs a little tlc"  in the ad.  They have it listed for barely below the area value for other comparables. I go to see it today and it is half gutted,  the other half needs to be gutted and started from scratch.  I'm very interested because I should be able to get this for a steal of a deal. However,  it's in a c class neighborhood.  I found some comps that averaged 190-200k.  How smart would it be to attempt this flip? Should I skip over it and find another property? 

Ps this is my first investment,  I'm just getting started.