If youre asking why the loan amount is only $220k and you have to bring $120k in a downpayment, then the lender is likely being conservative due to the variables of the deal (or maybe this is an inexperienced lender).The loan amount is 67% of the purchase price.

A mentor ship program is how most people do it.

That means paying all cash isn’t an option unless you plan to bring another $600k to the table. . 

Ultimately it's less of a science than an art, but people rarely truly change so what they did is probably what they'll do.

Maybe some other people can chime in with some good stories about the area.

(It’s multi-family but not entirely stabilized.)Rehab Costs: How much should I budget for bringing vacant units to market-ready condition?

Wra mmortgages, while they may bring along a seller for the ride, is essentially the only way to create income for the seller to offset the debt. 

You can simply request a separate check for the $100 increase to bring the total deposit in line with the new rent amount.

Should I find a few buyers before I go out trying to find sellers, or should I start with sellers, then look for sellers directly or bring it to other wholesalers?

And I would constantly bring up that I would love to buy the property he was living in.