Anyone selling a property or the rights to purchase a property may sell to any buyer for cash or using financing, but getting financing will have some difficulties in the wholesaling method, and why most seek cash buyers.

Worst case I can't see renting it for less then $600 that would shock me.3 Bedroom 1 Bath..This one fell into my lap but what are the best methods for finding more like this?

It utilizes new materials and new methods for constructing the envelope of a house in a very environmentally friendly way. 

We follow the same method. 

Also, seller financing intrigues me as a good low cost acquirement method, however it seems like it may be hard to come by in this area.

I look up the houses on the assessor to see how long they have owned it or if it was something they inhareted/transfered from a trust. this way im only offering on houses that are likely owned outright so there is no minimum amount they must get in order to pay off a mortgage.This method/theory requires a high amount of offers going out to see any success. 

I don't know if this method is ideal for flipping on a budget, but in my mind it improves the look by leaps and bounds.

As to structuring the deal, begin with settlements required and work backwards for the most efficient method. :)

Close with the established methods in your state.

So find a way to get rental income: finish the basement or garage into a MIL or maybe even build a backyard cottage if the rental income vs. construction cost pencils out or as a method of last resort...move back in with the parents.