Keep an eye out for homes that are in bad shape as it may indicate a tired owner/Landlord.

I'd vote to pay off that bad high interest debt which is your credit card debt before anything else.

If you still have cash flow on this, even with the CC payments, it may not be as bad as it sounds ( and it sounds bad).

The lady has not be reimbursed.Two days ago I received a call from a neighboring tenant who reported "Kathy's" dog was being left in the apartment for 12+hours at a time and the smell of dog feces in the common hallway was so bad it was unbearable. 

@Michael ZackI've purchased the masslandlords ones they are not bad, but I would also reccomend having a lawyer look them over as well 

I’m guessing in most areas this would be a struggle unless they have bad credit and are used to doing this

Thanks so much for your help everyone, that's exactly what I was looking, seems like the severity of the flood is not as bad as I think.

I can think of a few other ways to make use of the land, perhaps, to collect revenue, but for now, from an investing standpoint, how would you guys approach this deal assuming its a good one ( low monthly payments, no or very low interest).Is it uncommon to have contigencies in play in case I can't make use of the land or sale it to someone else within a timeframe so I'm not stuck with a bad investment?

Hardwoods were neglected/scratched badly and carpets ruined by a tenant.

It's either in a bad part of town or in a far suburb still in development.