Water/sewer alone are eating up $500 per month, which makes all the difference.Any input on the numbers and what you might consider doing would be appreciated. 

The roof structure was caving in, the dormer was not put in right and showed signs of leaking, floors where very oft needing a complete replacement, furnace and water heater was under water and now needs to be replaced, the downstairs basement had signs of mold.The positive side of things was the lot, the lot was very large.So my question to the community is(1) Is this normal in foreclosure property?

Those over leveraged will be in hot water when they lose income and tenants have no means to pay mortgage.

@Anthony Cettina cool!!!

very common in low value C class areas .. other things that will take a walk condenser units.. most of your copper... your water heater.. this could be a sign that your in a bad area.

Be careful as a member of the LLC, listing agent and buyers agent, that water has more than a few snakes in it.

. $500 rent for $$33K per door look good as long as water and utilities are paid by the tenant.

The old carport had been converted into an addition and was now heated and cooled and considered livable space.

Also your utilities at $880/month looks more like an annual expense for two units' sewer and water?  

The electric washer and dryer are on separate water and electricity in a detached garage.