What would you do?

[Ricardo White]

So the property is $20,000.00

totally in need of a major rehab of everything i was told by contractor i would have to get new permits/codes from an inspector and plans from architect (how do i do this? how much does this usually cost?)

It needs 70-80k worth of repairs

I don't know know what the market value (ARV) is

the address is 1312 South Roxboro Street Durham, NC 27707 can anyone help me find out what the ARV is so that I can determine if the property is worth rehabbing and selling or what my exit strategy would be.

This is my first "flip"

Thanks,

Ricardo