Just my 2 centsTo answer the question if it’s a tear down you need to understand the comps In That area and the cost to remove the existing and rebuild - where many go wrong with rebuilds is they assume best case construction and holding times and time is money especially if using a construction loan.

When the bank lent you the money is when interest starts accruing. 

Wholesale should never be done with a listed property unless you give 100% full disclosure up front so the agent and seller knows you have no real money no real means to close unless you can find a buyer etc etc.. but of course here we are talking about this and poor wholesaler cant get deals LOL

I have mentioned a few times on BP For all these folks trying to bust into the business but need to make money this is a great way to learn details and make cash without having to spend much if any money other than a computer scanner printer phone. 

Roll money into paid ads on Facebook or YouTube.

I just think Columbus has been buzzy for a long time so a lot of new investors choose it for the wrong reasons.Like, you can still make money in Austin, but you missed the big money and now it's much harder.

DIYing the place can help save money, but for someone that doesn't have all the tools and know how, it'll probably take longer and might cost more.

Or you just put more money down?

There are normally three traits to make a business successful - Experience, Money, Time.You mentioned already not having the experience.

As @Nicholas L. stated what are the expenses going to be if you had to put money into the property and could you raise the rents if you did fix some of the issues.