I will need to do some work in the kitchen when the current tenant moves out since it is the weak point in the home and it will probably include replacing it.  

I'm totally new and haven't gotten my first property yet, but want to post my opinion for comments on my train of thinking, as I consider this an exercise for me to learn so take this with a grain of salt:Your cap rate is sub-6% on this dealThe "2% rule" falls at 1.15%The numbers look pretty weak.

To be the best, you need to keep improving your qualities, your strength and weaknesses. - Alexander  Alexander,I believe you should outsource & delegate your weaknesses rather then working on them.

There's a big difference between someone with bad luck and a chronic complainer.

I have a weakness for old houses. 

If someone wants to sign a lease but doesn't have the move in funds, this is a red flag right from the get go as it demonstrates they have weak financial planning.

In general, a physical or mental impairment includes hearing, mobility and visual impairments, chronic alcoholism, chronic mental illness, AIDS, AIDS Related Complex, and mental retardation that substantially limits one or more major life activities.

@Katherine Rossell - Next property, either stipulate it's empty when you close (if you know the current lease is weak, which you should have here) or if you think any of the tenants are trouble in any way.

My strong suspicion is they are taking advantage of the current weak owner and they know they are getting a free ride that they won't get anywhere else, and that the ride has come to an end. 

I should have taken their late rent seriously after the second month they were late... they are definitely taking my kindness for weakness.