When the tenant is physically in possession of it, there is nothing we can do to start putting the property into income generating service again.We certainly want to provide every accommodation to tenants who have legitimate complaints against constructive eviction etc.  

I am trying to figure out if there is a possible other use of the property to generate some income.

The reason why handymen work for these services is that they have trouble generating income leads themselves.

Partnerships generate K-1 forms for your tax returns so the reporting of income is set.I hope this overview helps. 

For the time that the LLC held the properties, it will have to file a return and generate a K-1 (assuming it was taxed as a partnership and not a C or S Corp). 

Couple that with how little cashflow you'll realistically generate per month and this property just isn't looking so attractive at its current price point.And that's to say nothing of the fairly serious issues you've uncovered.The plumbing will go bad at some point.

You don't have to spend time communicating with random people if you don't want to.

The advantage is the more you acquire the quicker you can generate funds (cash flow) for the next project.

Then they will move on to primary residences and force older people who have large homes that have gone up in value to sell them and create more inventory for the new generation.

Once you jump in full time and are immersed in the process of finding deals, executing on them and building a business around it you will figure out how to stabilize your income as you generate it.