To buy or not to buy?

[Shelly Shanks]

Hello,

My husband and I are newbies. We are interested in purchasing a 4plex. We found a deal for 125K that is completely rented for 1750/month. We live in St.Louis, Mo where rent/properties are fairly cheap. The numbers are good. Here's the problem. This place has been under contract 3 different times, but it fell through each time. There are foundation issues. It has been pierred and fixed by a professional company, but that makes me nervous. Also, the plumbing stacks need to be replaced. Those are the issues we know about before the inspection. Would you make an offer?