Is this deal worth pursuing?

[Trey Brooks]

Goodmorning BP! Hope everyone is having a fantastic morning!!! I got my first call from a motivated seller... & am going to look at the property with her this afternoon. Earlier this week a jehovah witness was passing out flyers, & I was like since you're giving me a flyer let me give you my business card, as I work with a group of investors who buy houses for cash. She then gave me a call later this week... And after scoping out her motivation, I found out that she is extremely motivated. She has a home that she was renting out... The tenants just moved out... & she wants to get rid of the house, just so it it out of her hair & she doesn't have the money to do any repairs to it. I got all the information that I needed over the phone, & drove by the house / neighborhood last night. The house definitely needs a new roof and other houses in the area only sell for $15,000 to $30,000. She owns the house free and clear. From what I can tell this area is a C or D neighborhood, minutes away from a zoo though(; but, I'm new to the Jackson Mississippi area, so I'm not too sure of the market in certain parts of town. My questions are: •Am I wasting my time with this one? Because of how low I would have to offer on this house? •Would an investor even consider buying in a price point that low? •I want this to be a win-win-win... & I don't want to make this woman feel as if I'm providing her nothing for her house... With that being said, if I could make the numbers work in a profitable manner, should I still offer as low as I can? I'll have more information after I meet with her at 3!! Thanks in advance for the advice. Would also like to add how much of a blessing bigger pockets is. -To everyone's success, Trey.

[Jake Thomas]

Everything sounded perfect until you said comps were $15-30K. You might as well still look at it as this is good practice. My gut tells me that the hassle of this might not be worth it in the end if it needs more repairs than its worth but I would still pursue it. You may find someone that buys in the area and can still make a few bucks on it. If you have the time go for it and the worst they can say is no to an offer.