My opinion is you have two options, either take massive action and submerse yourself in everything wholesaling, (there is plenty of info out there), or pay the $300 if this guy can actually show you some sort of value...material, step by step, ect.

Like you said, the cash flow is massive and you can do very well in that regard. 

I believe you also need a massive down or be an all cash buyer to cash flow enough to be worth the trouble. 

If she has anything in writing, that will throw a huge monkey wrench into everything.This could be a great property, this could be a massive disaster.

Lastly BNSF Railroad is also doing a massive land grab as well.

Here are the rents vs. here are the collected rents can make a massive difference.

Within 30 days you can generally get all reports back and work through all seller due diligence material items and receive a loan commitment from the lender and a rate lock.The LOI part is so that my buyers hopefully limit upfront money spent and do not jump into deal after deal spending thousands to tens of thousands with an attorney negotiating PSA's and ordering reports to not close on a property.This is even more important with 1031 exchange buyers as you do not want to set a selection only to find out a massive problem and you now just have 2 choices left as all 3 choices are locked in after the 45 day ID period.

The REIA meets first Thursday each month at Asia Buffet.  

Who is taking massive action and has tips on how to structure deals to show lenders I have a great deal.

@Marci Stein looking at the heating bill, there is more than an insulation issue going on; you probably have massive air exchnage with outside.