Feel free to inbox me if you want to talk further. 

Also have you talked with them?  

Trying to see how I can start the journey in real estate by talking to mentors like you.ThanksVinay

I know many here talk of it as if it is property-specific -- they are wrong.

If the taxes are being paid by the bank then it is a good guess that the property is Bank Owned.My suggestion would be to find a local Real Estate Agent with REO experience and talk to them about the property.The whole process is long and slow,  Patience is key

They are asking 299,900 Land locked, no room for expansion.Total Income     22,187Insurance              189Liability Ins.           767Interest Expense   174Loan Interest     10534Labor                  6400Repairs                 646Supplies                90Taxes                 2532  (Not sure what value amount this is on)Telephone            841Utilities (G & E)     802******I talked to commercial lender today and he said they require 30% down, financed commercially at possible 5.3 to 5.6% + for 15 or 20 years.  

If that does not clear it up, I would go talk to someone who either deals in notes or deals in bonds to get their input.

A good sales persona might be able to sell something without extensive knowledge of the thing he's selling (although in the information age it's less likely), but we are talking about INVESTING, not selling or promoting.  

She says she talked to a lawyer and my email signature counts as a signature.  

I finally was able to talk to husband and he stated they needed more time I did notify them that they were still responsible for October rent as their lease ends October 31.