@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).

Plenty of great opportunity here. 

TBH these circles do speaking engagements as promotional opportunities, it’s a hand shake and “I’ll speak at yours if you speak at mine”.

My comment is not intended to be negative or positive, only sharing my experience as an agent working with investors who use this system to make their offers in my area. 

The guy has already stated that he doesn't live there so that alone proves that he knows that was never the intended use (is their a police report or statement for your file?).

Not even one good investment opportunity over there!

Tacoma is a fantastic market with a lot of opportunity, so you’re starting in the right place.Here’s how you can connect with local experts and start building your skills:Attend local meetups and networking events.

What are your opinions on separate meters for utilities for each unit vs not separating if I don’t intend for the property to be owner-occupied? 

I am a new investor looking for opportunities to invest in real estate, especially wholesaling, rental properties, and fix and flip.

At 2.8%, you have an opportunity to leverage the cashflow you get now to invest in other areas (you already mentioned this too).