Is this an opportunity or should I walk away?

[José Galarza]

Hello everyone!

My sister in law has a property (3bed 2Bath 766sqft) that she doesn't want anymore. She has 63,000 left on the mortgage and she just wants to get rid of it for that cost. The property Is in bad condition needing about 20k in rehab. It rents for about 900$ in that area. ARV is between 100k-110K. Creative finance ideas? Good deal? Any advice?! Don't want to miss out on the opportunity due to fear but also don't want to make a dumb decision.

Thank you in advance for you advice.