Aggravating issue, need some advice.

[William Baumann]

Ok, I have been talking to a property owner for about a month now, he really wants sell, and has been making arrangements to move and put the property under contract to me for wholesale.  The numbers are decent, not rockstar but enough that everyone is happy and I can sell the house to a rehabber.

Today I happened to be driving past the property in question and I see a red, a blue and a yellow, papers on the front door. The city has condemned the property, a no entrance warning, and a decree from the fire marshall.  WTF!

Tried calling the owner, no answer 3 days now.  So I start looking up numbers to call about all this and notice a link with the property address under a meth lab reporting website.  But it is from back in 2012. 

So my question is, do I even want to mess with this deal at this point? I know there are reporting issues and remediation issues with the whole meth lab deal, and I am not sure how a rehabber will feel about a property with these possible issues.  Here is the report.