Looking to purchase my first property.  I am looking for a property in North Eastern Philadelphia. Does anyone have experience using a 203k loan to purchase a house that is in need of rehab? 

I have a property I am going to see this weekend and would like to have any advice as for what to look for and what I can expect. 

https://www.redfin.com/PA/Philadelphia/1928-N-Palethorp-St-19122/home/38486901