Vacant, moldy hoarder house

[Jay Michaels]

First time investor here. I have a FSBO available to me before the public with significant profit potential.

The house has been vacant for nearly 10 years and is in rough shape. The owner wasn't quite a hoarder, but close. The junk isn't piled floor to ceiling, but it is a foot deep around the house. There is also mold on most surfaces, paint falling from the ceiling, no utilities, etc.

I am thinking that this is a FULL gut job down to the studs, so I am prepared for that. I am not sure where to start or what order to do a few things.

Should I get the junk removed? Should I have the mold remediated? Are there companies that provide both of these services? Should I have it inspected? The house is definitely not livable, so I'm worried about it being condemned. Thanks in advance for any advice!

[Will Barnard]

Hard to say without more info but you will need to run the numbers to see what will work and what will not. If you have mold issues or lead and asbestos, you will need progressional remediation for it. Get the home tested as part of your due diligence and get bids on the remediation if any. 
Run comps in the area and see what it will sell for, then you know what you have left for construction, carrying costs, resale costs, and profit margin.

Numbers don’t lie, but you need to accurately calculate them too.