Is this good for a buy and hold?

[Melodee Lucido]

Hi,

I've been marketing a lot this past week. I got a call from an investor that has a property that he bought at a trustee sale. He likes to turn these over quickly. Here's the deets:

2&2 built in 1946 In San Bernardino;
1594 sf good rental with improvements
New Buyers price $132k
Comps $135; 2 with less sf within half mi
piti $650
fmr $1200
$100 per sf
tenant wants to stay but can't afford more than $1k per mo. The current agreement is he will vacate when the sellers pay him some moving $$.

This isn't my niche but it came to me so I thought I'd see what you all think.

I have a pure option on it and the option price is written into the sale price.

Please advise; I'm new at this. Thank you