The low price of the land and the fact that it is right next to commercial development would be red flags for me.  

@Heidi Dunn, this is a huge red flag to me.

They apparently manage almost 300 properties, which was kind of a red flag to me because there were only 4 employees.

Do your numbers though to make sure there is enough "meat on the bone" to make it worth your while.

Once I give the details of the owner financing how should I structure it to include some meat on the bones for me as the wholesaler assigning the contract.Thanks

My question is if he cannot produce a copy of this lease he claims he has how much responsibility falls on me to track down the documentation of his claimed lease or can I just go with t  he lease that was provided to me at closing?  

Call me at xxxxxxxxx."

I'm familiar with the 70% rule...this one would probably put me at about 75% of ARV...the properties need some work. 

If you're putting up 100% of the capital and they have no skin in the game that's a red flag to me.

For me at least it was really the definition of what right before was...