I do not play at this level yet, but are lenders typically OK with the owner financing aspect outlined in this deal?

When I saw the house I pulled over to the side and took a look around and it seems to be in a decent condition outside wise (roof looks fine just needs a pressure wash) maybe some new paint to spruce it up and some yard work, but other than that it looks decent..

You should ask questions like "How old is the roof?"

Finding quality contractors definitely seems to be one of the most challenging aspects of this business.

Along the way, I would also like to  link up with other wholesalers in the area to find some other properties to flip to increase capital to increase the amount of properties I can buy.In partnering with other investors, if I am bringing the rehab aspect to the table (both keeping rehab costs down and financing the rehab) is that enough to bring to the table to start to find partnerships?

I do it because I genuinely enjoy most ever aspect of it. 

I love my lender...... and the no recorse aspect is just one my reason to smilecall me and I will give the name of the lender in Riverside CA  that I'm speaking about.

@Marek BerrySeasonality does play a part but buying at the right price (with the understanding you will likely have a little extra hold time) will always cancel out the more minor aspects of a deal, such as seasonality.  

My girlfriend and I put an offer in for a duplex in Highland Park Richmond for $10k below asking ($95k to 85k), seller pay closing. 2009 the roof was redone, all new plumbing, electrical, mechanical, the permits are all completed and approved.

Welcome to BP community @Caleb Griffin It is a great place to meet new friends and learn about various aspects of real estate and more.Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetWishing you the best!