Safe rents but lower cap rates.Contrast this with the Midwest or the Northeast where you can pickup rentals for well under $100k in bad/recovering/gentrifying/undiscovered neighborhoods that produce amazing cash flow but many more headaches. 

@Bill Gulley has a Lease with OTB (Off Track Betting - humor!)

I bet it's unlikely, but sometimes it can give you another hint.

I would bet I would be paying the same amount I am paying now, or maybe a little bit more and triple my income profit.

Not really an Investor friendly deal as your math is missing a few expenses and when you add in those expenses it's not worth it...at least not to me.Your best bet is to find an End Buyer, not an Investor, to sell it to and hold the note if you want.Good Luck!

Using Zillow is dangerous.I bet it's still overpriced.

I'm willing to bet thats a store managers discretion though but certainly worth a shot.  

Our founder was a former commercial finance attorney prior to starting the company (and I'm actually a former attorney myself), so we feel that that's the safer route to go.

If the eviction process is complicated in your area, I have heard that many landlords offer cash for keys, and that may be your best bet here. 

I'll bet she didn't pay for the propane and now doesn't have heat.