Yeah, the water leak is an unfortunate thing that we'd like to do in the summer so we can get the entire side of building open and dried out.

It sounds like they have different numbers and it’s not a cut and dry standard answer. 

I logged one stand in the NW Oregon area .. same area as AX man show logs in Vernonia OR.. and got over 450k net to me on that sale.. so it really depends on what you got.Even in CA.. you can still see 3 and 4 log loads going down the road.. big TREES  were as if your in plantation pine land there could be 75 stems per load.. in Oregon we averaged 20 to 30.. you want that tight cylinder 14 to 18 inch on the but and 10 to 12 inch tops no knots.. thats money.I have poked around at some timber ground in the east and you pretty much need to be looking at 200 acre plus type sales to have any real volume.. 

The bottom foot of drywall had been removed to allow the walls to dry out. 

Maybe look at FHA 203k...google it..At the end of the day if the numbers make sense in your area then it's pretty cut and dry...Also if your circumstances allow you may want to actually reside in the in-law and rent out the rooms individually in the house which will almost certainly generate more revenue. 

how much should I charge for washing /drying?

At least in Cincinnati, a lot of the wholesalers are pretty dry right now. 

And also, you want to get networking and develop relationships with other lenders, just in case this one dries up.

Purchase price: $45,000 Originally bought this building to house my Dry Cleaning business.

There is some art to this process in addition to the cut and dry numbers, but hopefully, this helps!