@Lincoln Selk depending on location that isn't a very good deal.

Furthermore, understanding the person that you want to serve will help you determine the best location of the property within a submarket and even help you to determine the most appropriate team members. 

Absolutely you can bring in professional help from a licensed contractor who can locate the problems and estimate repair costs and a timeframe of how long it will take.If you are working with a professional buyers agent,they should know a minimum of 3 excellent contractors who will give you a free estimate.

Great location and beautiful neighborhood.

Purchase price: $125,000 (assuming offer is accepted)Down payment: $25,000 (20%)Financing: 30 yr @ 5% = $540 /moInitial rehab: $5,000Closing cost: $2,0001st yr Insurance: $1440Taxes: $120 /moInsurance: $120 /moVacancy: $150 /mo (8%)Maint/Cap-Ex: $270 /mo (15%)TOTAL EXPENSES: $1200Rent: $450 /unitTOTAL INCOME: $1800Cashflow: $600 /moCash on Cash: 21.5%Here is a link to the listing if it may provide more insight:Quadplex ListingThe unit is located on a decent street in a very small town (<10,000).

Many locations.

I am single, make a six figure salary, and live in a relatively low cost of living location.

It is also located in another state, albeit fairly close to home, so that would add a bit more complexity I would believe. 

The property is located in TN.

Im looking to buy this nice property in A class location.