Drop the hammer now and cut your losses as fast as possible or the bleeding will continue, otherwise hang on for a wild ride and it won't be fun.  

If us newbies were to do this 5 times to get 5 quotes as Brett suggested it would be much less feasible to try and wholesale.

Profit loss sheet ?

Immanuel Sibero thank you for explaining this from a different perspective, looking at the whole picture of the analysis and then picking out the red flags that appear is a great way to determine if the deal is feasible or not.

I'm just at a bit of a loss regarding how to best do it... particularly when it comes to financing it.

@GreatTen TeamThe first thing you should ask for is the P&L (profit and loss statement) for the past few years at a minimum. 

Plus, I had the 203k consultant do a feasibility study this week which was $500 cash out of pocket.

You can cause a seller a financial loss, this is a "Tort" look that up and study what "tortious conduct" is.This is just part of the unethical side of wholesaling when offers are made by those who don't have the ability or intent to buy as agreed and disguising their true intent. 

Or are you at a loss annually?

Would really like some option for bridging this final gap as right now, the only options I know of are: A - Wait and save.B - Find a cheaper place.Short of finding the perfect seller, I'm at a loss...