How do you handle poor financial and rent roll data?

[Brian Stefanelli]

I am looking at a four unit and requested the T12 and current rent roll from the agent. What I received in return were lease agreements from 2016 which are month to month and a document called a "financial statement" which consisted of a list of expenses (oil, sewer/water) That was it!

It's a value add opportunity with one unit vacant (not sure why yet) and needs upgrades in units.  

Do I have my agent press the seller for more financial data and current rent roll?  Is this an opportunity because it's obviously being poorly managed?

Any insight would help.

Thanks!