Just to give you a little background about the property:2 family house in decent area in the Brinx fully occupied, $0 (rent roll), absentee/tired landlord, owner owns the property free and clear, owner hasn't collected rent in 15 years, property is current with taxes and water and sewage.Should I followup aggressively - after all she did verbally agree to a purchase price - or should I give her a little time then followup?

There is currently no fridge, a rolling (not plumbed) dishwasher that sits next to the stove and limited cabinets/counter space. 

I listen during work and sometimes episodes just roll through, so it’s tough to remember titles and when they were mentioned! 

IMO as long as they still cash flow with the new numbers, I would leverage everything at 80% and keep the ball rolling until I had the amount of properties I want.

There is no rent roll registered yet.  

I realize every lease is different and factors with regard to the location, traffic count etc all play a roll but I was really trying to hear about what sort of protections to the property owner was realistic to get from the billboard company.

Read your posts from the beginning to where we are at now and see how certain you seem on the numbers.And yes, I am more than familiar with how to increase the value (rolls eyes).  

Asking for leases, rent roll, applications of current tenants, maintenance/repair requests/invoices.

I have recently bought an single family investment property partially with a HELOC and other miscellaneous funds. I would like to get a mortgage or some form of a loan for this house in order to "get back" the cash I ...

They will make the rent check to you because you're the acting owner, but any problems arising (especially when it comes time to raise rates) will not directly anchor to an image of you high-rolling in Vegas whilst sinisterly rubbing your hands together.