We have eliminated oil heat and electric baseboard heat because of their high cost of operation. 

Make sure that wasn't the site where all the construction workers changed their oil, or it is not the trash site for the neighborhood, make sure it is not in the flood zone, make sure the lot size meets the building/plat regulations, check for utility access, if they have lawsuits check for judgements and liens, and IRS liens.#7 Go kill it and make millions, maybe you found a gem.

Oil & Gas, Banking, Insurance, Tech, Medical, Airline, Distribution and more.

When you make a lot, lot more you can go after minerals, oil, etc.

So if I'm trying to not be the victim of a well-oiled marketing machine, this is the way I'd look at a deal like this.

I also see this frequently around Tarrant County...like mostly Tarrant and Parker where there is a oil/gas lease in place. 

Don't you love it when they paint over oil based with water based?

The safest bet is to get yourself some oil based primer and a coat of paint on the interior when turning it over.

Other states with lower tax basis have mineral and oil royalties.

Like the car salesman/hustler who converts “ups” at a super high rate; or the guys hustling oil well participations over the phone.