First wholesale/possible rental..help?

[Ana Karina Salazar]

Hi, so a gentleman who is in the process of divorce is looking to get rid of his house. Nothing wrong typical 3bd 2 bath single garage and big back yard. The divorce is in effect and he works 6 hours from home just wants to get rid of it. He owes $67k and just wants the payout amount and nothing else. I've been doing my research in the area and most properties sell for about $88k he bought it for originally $87k. Would this be a good deal for me as my first house or would I even profit from it? This property is also 6 hours from where I am from. Also close to ft hood. Suggestions? He really wants to get rid of it. Thank you in advance for the input!

[Kamran Rahman]

I’m not super experienced, but I’m weary about my first investment property being that far from me. Profit also depends on purchase price. What kind of offer did you have in mind?