What would a water heater replacement cost for OOS investor?

Example: November 2023 sold for 500kListed under foreclosure for 260k now.Photos don't show any updates or signs of any rehab being started.My first guess it these were bought as rehabs without inspection and people found severe structural issues that they cant afford to remedy, which is common with the amount of water around us on Long Island.What other assumptions or conclusions would you draw from seeing listing like this one?

I have had homes that were in good condition have roof damage from a hurricane and the owners walked away, water and mold pretty much destroyed the house.

Second, I pay for all utilities (Electric, Gas, Water, Yard Maintenance, Internet, etc.) and have it included in the rent price.

If its bare dirt , it just needs to be raked flat , anybody can lay sod , that isnt the issue , its the 3 weeks after its been laid making sure its watered enough .  

@Laura Casner Do you know how far it is to the water table?

There's no one home to put the fire out or turn the water off if a pipe burst.

Thats not surprising since there is no electricity or hot water.

@Frank Patalano The uncertainty of venturing into uncharted waters.

Flower distribution, Power drink distribution, tortilla distribution, small tool distributor, etc.