After this, apply additional elimination criteria in the order from the easiest to the most time-intensive.

Last couple places were complete gut rehabs and I was able to get them right and get them to work out.

I was getting my morning workout in.

You'll wind up paying for an appraisal, maybe 600 - 750, and then when it comes back the lender will tell you there's no deal, the ARV is too low or you paid 100k for it but the as-is came in only at 80k so that's the number they are willing to lend you on, in other words this deal just got 20K more capital intensive for you and maybe priced you out. 

First, sit down with a local lender in detail and work out what you qualify for, including the potential rental income.

I've been trying to work out a deal with a land owner who would like to sell off a parcel of land in order to reduce is debt.

Yes I would love to connect and seen what we can workout!

Just make sure you manage expectations and it can work out just fine.  

and http://www.biggerpockets.com/forums/24/topics/136721-help-north-carolina-wholesale-contracts-understanding-rehab-cost , "I hope you work out.

Yes, things could also work out perfectly but that's a gamble.Good luck.