Originally posted by @Justin R.

I have a property in 53208 too - this zip code varies more than probably any other in the city Joshua R., so it really depends where.

If you search the USPTO for 'realtor' you will see the "R" as the fourth entry.

@Konrad R. once you take a look at the property as you have, try to estimate a worst case rehab estimate and if the numbers still work, bid on it.Usually the discounts for these properties is higher, so rehab budgets can be bigger.

@Justin R.

Welcome to BP @John R.!

Jared R.

Thanks R J that makes a lot of sense. 

The emphasis on cashflow in recent memory  (thanks r kiyosaki) is important for risk mitigation early in your investments, then important for "passive" income later.

@LaSean Smith I ended up going with H & R Drywall for this project - http://www.hrdrywallservice.com.During the job I needed a call out a couple things for them to fix, but they were very responsive and ended up doing a great job.