Short sale strategy

[Filipe Cravo]

Hello BP community!  I am looking to make my first investment and have identified a short sale as a possible option for a flip.  I am taking a look at it tomorrow with my realtor.  Any suggestions/recommendations on short sales?  Kind of a broad question, but I have been looking at lender owned properties and this is the first short-sale I have come across.

The property is occupied currently and looks like it could use some TLC but not wholesale renovations.

Any advice is greatly appreciated!