How would you monetize the property?

Doesn't $1268/mo net on $2200/mo gross seem reasonable?

Legal and technical title questions about real estate pop up very frequently too, as do queries about monetizing opportunities and deal with problem people.

I'm sure as you said, there are plenty of other ways for an agent to monetize off the relationship

Fortunately, he was smart enough the stockpile the $2,000/mo net rents from the entire portfolio... but he had about $40k in expenses in one year for these 5 properties.

How are you other wholesalers monetizing the leads?

Businesses have to monetize to stay afloat.

It's not as magical as sources monetized by clicks/ads will tend to indicate: IRL each $500/mo block of rent will bump your buying power by about $20k.So if the other unit generates $1500/mo, it'll bump your buying power by about $60k.Talk to your loan officer about specific exact numbers particular to your scenario, but it's not going to jump from $20k per $500/mo to $30k per $500/mo.

The way I would try to 'monetize' a short sale opportunity is to refer her to a short sale broker that will scratch my back with comps and referrals down the road.  

A good solution for you would be to talk to the seller about using a Monetized Installment Sale instead of a 1031 exchange.