I'm meeting the owner of an off-market SFR tomorrow. Help?

[William F.]

Hey guys! I started knocking doors 3 days ago. Today it paid off - a neighbor put me in touch with the owner of a vacant house who is having serious landlord issues. She doesn't know how much she wants. I want to put the place under contract tomorrow. So... I guess I need a contract. 1. Is there a specific contract you would use for financing a deal? What about cash? 2. What happens once we sign a contract? Thanks for sharing with me!