As @Jonathan Makovskyand others have pointed out it get out in the different neighborhoods and see what you are dealing with to achieve your 2% on a conventional buy and hold.

In a large city, people are cut throat and motivated, by greed.

Lifecos also generally pursue larger loan sizes ($5 million or more) at lower leverage levels than can usually be achieved with GSEs, CMBS lenders, or banks.

As you keep mailing them over 6 months a certain percentage will encounter changed life circumstances that will move them into the very small group of motivated sellers.

Also suggest going to your local REIA meetings and network with other wholesalers in the area that might be willing to assist you.Otherwise the only other way to get started is to start marketing to potential motivated sellers.

Locate a Motivated Seller that will consider Seller Financing.

As Joseph Catalano observes, some things can't be planned, but having a goal and understanding the steps to achieving that goal are fundamental to a successful career.

is your motive really as a Good Samaritan?

You can test the market out after you find out the sellers true motivation for listing the property.