Usually an old retiring landlord with a distressed property goes for these seller financed arrangements .

lol Distressed SFHs start around 400-500k here.

Mistake 1: Buy a distressed overpriced property.Mistake 2: Sell a distressed properly priced property.Typically when the investor realizes they made a poor investment decision, they simply throw in the towel and give up.

Maybe poke around on Craig's list or drive your area and look for distressed properties. 

Sounds like if murphy's law strikes you would be in significant distress. 

The property was distressed and maybe only one unit rented when the current owner bought it. 

I use the HELOC funds to purchase the distressed property and rehab it.

The area is large enough to buy many distressed homes with cash under market value, not just a few, and continue to be able to do so for years to come.  6.

If you're looking for cash flow, you might need to look outside of Raleigh, or find something off market or in distressed.

And to contact wholesalers in your area, simply go on Craig’s list and search up real estate for sale by owner in your area, then search up keywords like handyman, investors, distressed home, motivated seller, fix and flip.