If you only have a few investors you might want to consider a Joint Venture (JV) versus a syndication but speak to an attorney before making a decision

Co-wholesaling is where two investors work together to do a joint-venture wholesale deal.

That group offered a $5k earnest deposit as part of the contract which leads me to believe they may be genuine about the purchase price, and if I were to get It under contract at the $120k I’d first approach these two contacts (across the street and these guys) for the buying price of $130k with a 2k nonrefundable deposit.

What is the maximum number of unrelated tenants that can live jointly in the city of Orlando?

I sure wouldn't do it but if a fella wanted to I suppose you'd do a detailed Joint Venture Agreement, pull a Title Report, run their credit, get a payoff from the bank, open escrow, use an attorney, sign nondisclosures, and hope for the best.

Krunal have a look at Joint Venture partnerships on BiggerPockets.  

I can help you with a script if you like, but it is better and more genuine for you to speak off the cuff or practice until it doesn't sound like a script.

You generally want a single lease with multiple tenants, each with joint and several responsibility for the lease.

I'm guessing if there is a way for us to have joint ownership now, that would complicate things?

If I was just starting out I'd do a joint venture with a successful flipper in your area.