You can make an offer but it must include language that the purchase is contingent upon satisfactory interior and exterior inspection. 

In terms of what I think it needs to rent stronger would be, new interior doors, facelift the kitchens, appliances are good and new interior paint.

The total rehab needs no more than 40k (interior needs lots of work, kitchen and 2 bathrooms will be full gut, the rest is cosmetic with some drywall replacement) to really make it shine and stand out from competition.The asking price is $87,000.  

I originally was going to do the interior painting, but quickly realized that paying someone was worth it.

New roof, new hardy siding, new floors, new interior/exterior paint, new deck, all new fixtures.

Concentrated on interior architecture and communications arts/design in college and have an interest in investing and building equity through wholesaling then I plan to invest in flips, buy & hold and timeshares.

It would probably be better to remodel slightly and install an interior staircase to take advantage of the finished basement as a single family home.My initial thought was to get my neighbor to seller finance to me at a lower price, set it up for a single family and rent it out for a year, then wholesale the note to pay off the seller, possibly even splitting up the payments and keeping some for myself on the back end.

I'm Keianna Rae Harrison an interior designer and home stager based in Indianapolis.

After all that and without knowing what the interior looks like, have to probably stop bidding.

If you buy a property that clearly you can add value to (i.e renovate interiors, exteriors, perhaps add a carport that you can charge parking fees on, retrofit plumbing to save on utilities, etc) you can exercise more control over creating value.