What are the gross rents, and which utilities are owner vs. tenant paid?

You moved to a great area and have a great set of skills in Web Dev, which you could utilize to gain relationships with investors building a new website, or rebuilding an existing website!

Are there any creative investing methods that could be utilized in this?

Utilities, taxes, insurance, etc.

Are there any other options that I could utilize?

Includes, tax, Insurance, Capital expenditures for stuff that needs to be repaired, monthly financing, any utilities that fall to a landlord like water or sewer (confirm any costs in that area) and a vacancy rate.Once you have all these numbers, you can work backward to your offer price based on the return you want to get on your investment. 

The latter half of this document you should utilize the principles involved in the second part of your question – how "could" this property be doing?

The way they work is the owner has to give the guest a certificate to utilize their property.

@Ted Meltzer @Robin Pritts @Michelle Williams @Dhru Das @Albert W.We emphasized our group using no money down techniques to get funding, as our members utilize these strategies we joint venture with new members and get into projects.  

Soap Box ONOver time, most activities (e.g. businesses, sports, personal relationships, etc.) where judgement is involved, develop 'rules of thumb', 'short cuts', 'approximations', etc. which allow you to make 'quicker' decisions at the expense of less certainty; they will be wrong some of the time.