They can be really informative and meeting people face to face is always a good way to network. 

I just hope this doesnt blow up in my face.  I

(The biggest temptation you may face is that if your access to her funds becomes TOO easy, you may end up being less careful with "your" money?)...

If they tell that to my face I will challenge them, for every statement you say no, I will give you a name that has been doing it and pay me 1k, if I can't, i'll pay up 2k.

Your question poses a problem that NO wholesaler should EVER face. ie.

I'd have to rush up my steps to get inside before any wasps would fly to my face. I

First of all you're totally right, face to face is always awesome but hopefully there are some BP members out there...

its worth $120,000 to me as a floridian, so theres no way that i can tell you "yes this is a good deal" with a straight face. i dont like the fact that you have to pay for gas and water, but im sure theyre not a huge expense. the taxes seem high.if everything comparable around it is selling for $240,000+  (as in actually SOLD), then yeah its a good deal simply because of the fact that youre getting an undervalued property. other than that, im not liking the cash flowhow genuinely excited are you about this deal?

@Nicolas Conca - seriously I would find a lender well versed in VA loans and ask them what restrictions you may face. I

One of the biggest problems you may face is waste water.