Oil and gas is down and so are home sales and rentals.

when you say utilities do you mean electric, water, gas or otherwise?

I would check on the validity of this.

@Chris Seveney's point about the well is also valid depending on how close the septic and well are to each other.If you are a first time flipper, adding another bedroom and replacing a septic is a complex project for a first deal. 

Once we have the property we'll need to decide what to do with it - liquidate (property is currently listed through June 2016, if property is transferred, is agreement with realtor still valid?)

Does the tenant have a valid case? 

It's across the street from a busy gas station, on a busy road, in town, and surrounded by other small businesses then tons of residential property for miles. 

@Travis GlennWelcome.Consider checking out HUD homes for small multi's owner occupied gets first crack.A buddy did specialized housing for the oil and gas field workers called "Man Camps" it was pre-fab meaning it would cash flow quickly.Paul 

Many of my units have gas ranges.  

Here was their response:"The Sales Associate course is only valid for 2 years from the date of completion and you must pass your state exam within that time frame or you'd be required to retake the entire class again."