I was emailed this property tonight and it looked ok at first, but after doing this analysis there's a few things I'm not too sure about.

The original plan was to fix and flip this property, and according to my conservative estimates/the wholesalers rehab estimates I could profit around $11,000 on an $80,000 investment.

Comps:

If for some unforeseen reason I couldn't sell and had to hold the property for a rental I'd be getting a ~6.5% coc on my conservative estimates. Later, I could pull $60k of the $80k invested out and still have a ~7% return after the P&I with a $150 cashflow.  (If I could pull the entire $80k out, I'd be at a $0/mnth cash flow, but I'd have the equity from the refinance, and be out $0.)

As I mentioned, after the analysis I have a few concerns:

• The property is a modular home, if I put $30k into rehabbing this would I be able to bring the value up to $100k or is it still seen as a "double-wide"?
• If holding as a rental could I at least pull $60k back out of it which would leave me with $18k tied up making only ~6.5%. I would have $78k into it total, if it doesn't value for more than that, that's not a very good investment... 
• The wholesaler mentioned the sump pump broke, which explains the puddle of water in the basement in the photos and the humidifier, but on zillow I found a note that stated "the homeowner had major problems with sewer and flooding" which obviously sounds a bit scary. 

Do you think this is workable, or too much risk for the low reward? What could I do to make it work? I appreciate the input.