Hi Renato...it is a matter of your return on investment and how much the rehab costs will be to get this home to a rental stage, as well as what your rental income will be. While you have to start someplace, it is best to target the area you want to focus your activity to minimize your travel costs, as well as being in an area that can generate adequate rental income for your business model. I am part of a real estate team that not only works with investors but myself and a fellow agent got started in real estate flipping homes several years ago and holding properties for rent and cash flow. We have a investor calculator that may be useful to help determine your return on investment whether you are trying to sell or holding for rental revenue.Between the two of us, we have ove 40 rental properties so we have a good understanding of what investors look for and want in their return on investment. This particular home would require a closer look at repair costs and what it could actually be purchased for and see if the rental rates support the return you are looking for. Most investors want at least a 12% return but usually higher. When starting out in the investment business, I would not recommend as your first project a home that is going to require a lot of rehab work just to get it to rental stage. Once you have experience doing a few, you can be a better judge of what project you would take on. Feel free to contact me if you need more details.