Our regular electrician says $6K - $10 to do a house.

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.

That said, check the rates today, wall street was selling off huge and this should produce lower rates. 

You only get what you are owed.If it goes to bankruptcy it STOPS foreclosure process as they try and restructure the debt and go back to regular payments potentially (depends on type they file)To be blunt if you never have bought a note before buying a non performing commercial note would be like handing the keys to a tractor trailer to your 16 year old kid and say go drive this as their first car they ever drove.

One of my biggest producers had no internet.

@Bryan Walsh, nice way to think outside that box.You would have to shop that around, and you might want to find some private money rather than a regular HM lender. 

This will be my first purchase, currently in the approval process. I would like this property to pay for itself while providing me a home for my family. Ive thought about fourplex, live in 1 rent the others. Or a home...

It sounds as though the refinanced property will hold its own for the most part, so everything comes down to the deal in which you put those funds.Put that money into a solid cashflow producing asset and you're golden.Put it into something else and...well... don't.