Add some bunks to that game room and you just increased your sleeping capacity and therefor your revenue. 

Have purchased a large number of homes like this over years and it is simply a risk reward game. 

You mentioned that you’re pretty young in the credit game.

. - My best recommendation is to find an investor-focused realtor (Like the others who comments above and @Tony Freeman) who knows all the neighborhoods.Any agent who is at the top of their game is going to have a pulse on all the different neighborhoods and which direction they are headed.Also, and maybe more importantly, what are you looking for as an investor? 

First, identify your long-term game plan.

In wholesaling it's all about relationships, so if you can establish those early on you'll be ahead of the game! 

A solid game plan is needed! 

The plan is that is the skin I put in the game and then they will pay for the renovations and then I can either sell it and make a profit or keep it and do short or long term renting.

Hi Douglas,It is so awesome to hear you are getting into the real estate game.

:Manipulate the system, win the game, make the money.