Newbie in Chicago
I need some advice community. I am new to REI. I have an opportunity to purchase a 2 unit. The owner has a free and clear title. she has a lien for $6800 water bill from city of Chicago and $13k for property taxes that she is paying on. The value for property based on Trulia and zilloe $178k I went to look at the property. Squanders stole everything that could be stolen. The property needs rewiring through out. Its look like it need new plumbing through out. Looks like a lot of cosmetic. we don't have experience. Should we make a offer or pass it up. Please help with some experience advice. this is new. I would hate to make the wrong decision because of a lack of experience/fear. Im limited on resources.Thank you Bp f