Mike Warder assuming price is substantially similar or the same, I'd give a second company a shot.

So I looked for second opinion but none of the contractors I spoke to were interested in taking a look without charging me up front about $350 dollars for the visit.

A recent article in the Arizona Daily Star talks about the substantial investment potential and recent radical growth in neighborhoods near Downtown Tucson.

Hmmm...Edit: yeah, I don't see adding substantially to the value. 40k would really be tops for this property in this area

well assuming it meets the QM rules for owner occ.. etc.the scenario you presented is not a very attractive note unless the discount was HUGEPV is what investor look at.... what rate of return they want and in notes its usually 8 to 12% APR but with 100% leverage most investors will only pay on face value about 60 to 70% LTV ... so right off the top you would be taking a substantial hair cut.No secret what your trying to do.. but I surmise you will very quickly realize its not realistic .. the discount would be such that it makes it a no go.If your thinking someone will lock up their money for 10 years at 5% well thats not going to happen especially at 100% LTV... 

Anyways, I am curious if anyone would be interested in taking a Saturday morning and showing me what they look for in a property.

Comp rents are around $1,100 and I think the seller may be interested in taking $110k-$120k.  

From my perspective ( I am no expert) prices have risen substantially over the past 7 years (as everywhere) and it is difficult to find properties that meet good cash flow criteria at the moment. 

I'm looking for flips so if you have any I'd be interested in taking a look.

Just because the theoretical opening bid is the tax amount they usually sell substantially higher.