I work with investors who fix and flip using hard money and cash so im always running numbers to make sure deals work, the profit margin is there, the ARV is solid, and the rehab is feasible.

I am trying to come up with as many feasible revenue sources as possible while writing the lease. 

Keeping this story short, neither one of those options were feasible, and I wasn't experienced enough to know anything more than what they were telling me.

Hire a consultant to perform a feasibility study on your Parcel.  

For my surprise, the next day I received an email from the last couple of agents that I met saying that they contacted the other agent and that apparently the property has a pending cash offer contingent to a Feasibility Study that the buyers are conducting right now.

This doesn't remove the suck-factor, but it does get you out of the situation faster and lets you wash your hands of this operator.Otherwise, if there is clear mis-practice of some sort of law here it may be feasible to recover the money from them, but that is a long road most of the time and the more decisive your evidence the better.What has has your building insurance said about the damage? 

In a no money down deal it’s just not feasible to expect an agent to take a note for their entire commission.

Are they feasible in the real world?

Theoretically feasible.

If the transaction is feasible, the property owner (“Seller/Taxpayer”), selling ownership ofthe property/capital asset to a dedicated trust (the “Trust”) that is set up specifically for the Seller/Taxpayer and the contemplated transaction.