When I say users, there is and always will be those folks that want to get off the grid and haul water as for most of my career I sold dry lots.

Do the foundations get too dry and crack?

Depending on where the site is, maybe: Factory 2-U, Planet Fitness, OfficeDepot/OfficeMax, Fresh & Easy. 15k sqft won't necessarily be easy to fill, so if you find one tenant to take the whole space, consider selling the building for a good profit once leased up and move on.Alternatively, maybe it could be divided into 2-3 smaller suites, making leasing easier... barbershop, dry cleaner, Subway.

I know because they are unable to make the payments, but did it stem from bad credit so the loan wasn't as low as it could have been?

Cash flows dry up and they'll no longer see themselves as able to ride out the storm because they've given up hope of a quick turnaround in the market.

Some were "overlays" so I didn't have to worry about tear off and leaving deck exposed prior to drying in.Once you're down to the deck and can get the tar paper down, TIGHT.

You need to dry it out from the bottom up.

Are the studs structurally sound (assuming wood construction.. don't know Hawaii.) or are they dry rotted with lots of termite damage?

I also believe the good fund law is targeted to make sure that you cant do a dry closing anymore.

May want to mop some bleach on subfloor first and let it dry out before paint.