Hi, I'm in discussions with the seller's broker on putting together a master lease option. 

If the property was supposed to be delivered to you empty at closing, you may have cause of action against the seller.

I don't think they necessarily have the best rates but they are who I have used for my 2 properties (one of which had a seller carry-back and construction loan too).   

I am super motivated and passionate about the business.

I am super motivated and passionate about the business.

The more common mistakes are buying incorrectly, not planning for capital expenses and the cost of money and underestimating operating expenses or having the seller lie on his T-12.

You're assuming the wholesaler can't close the deal themselves, while that's certainly possible, you can't really say for sure without knowing what kind of contract they have with the seller and what their financial situation is.

Distressed sellers. 

For instance: I have 1.5 acre lot with a $5k accepted cash offer from the seller... tax value is 30k and based on comps looks like 20k would be doable.

It may help to note, I made a cash offer of $50k and the wholesaler has an agreement to pay the seller $37k with a one dollar deposit.