I'd also suggest finding your own rehab estimates as well after walking through.

Something always comes up in the transaction and you will lose moneyI would walk away from my $1000 EArnest money before I would put up $127000 cash to make $1000Let the guy getting financing buy it and then buy you dinner, then you would at least guy a meal out of the deal

I wouldn't put ANY offer on a property I haven't walked through first.

Just want to know if I should walk away and just look for another home, and whether these are major issues with the home.

Contact the tenant, schedule a walk-through, and when you find nothing, move along and make your money. 

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Steven,I am based in Atlanta and would be happy to walk you through Hubzu's auction bidding process.

Plus if she deals that professionally with you, she may deal that professionally with tenants, and your tenants may walk away.

I would assume at least $50K for rehab, but you can only get a placeholder without walking through the property and accounting for everything2.

Joesph, We do this all the time, contact me and I will be glad to to walk you through it