Since the mortgage payments are about 15% interest rate, after health issues and death in the family, they got into trouble again, and now they late on payments.

They are almost always for trouble than they are worth and half the time end up costing the client more money than if they just started from scratch at the beginning. 

What's left is your cash flow.In my experience, most primary homes or new construction are not going to produce a good return.

Or is my property manager in trouble for having a bad installation and handy man?

Also, the bank will give you a loan depending what will be built there so you will have to produce some plans.

I will say though that the building is currently occupied and producing those numbers for rent today, so nothing *needs* to be done upon purchase but should be done right away to avoid hassle down the road I think?

You now have an income-producing quad with none of your own money invested (except for closing costs).

Also wondering if quartz countertops would possibly produce more rent?

What kind of cash flow do you think it will produce based on your own numbers?

My primary worry is not able to find a rent (since I do not have insight into jobs in the community, ease of finding tenants, seller vs renter ratio) Any input is much appreciated.my primary concern: unable to find tenants- since I don't know the placemy goal: stable property that produces steady cash flow.