Okay, let me break this down “parade rest” (to its simplest form).

This will be the simplest way to produce some properties and get some cash flow.

I am Brand new and eager to learn the investment, wholesaling & real estate process and basic Step by step beginner knowledge of the simplest things like leads, portfolios, hard money loans, ARV.

Or if, as in Cy's case, the cash is actually there, then I agree with Cy: the simplest way could be for that family member to buy it (if an actual cash-offer can be lower than the best Offer Cy could make with only proof of prequalification), and on-sell it to Cy who has been pre-approved for finance, straight away.  

This is the simplest model and you rent it on your own when you aren't there.  

It is the simplest form. 

I appreciate the advice, I want to find the simplest resolution without creating terrible tenants.

The simplest thing is likely going to be to find a way to earn through the renovation management.

What's the simplest and cheapest way to get the money out? 

@Robert Ruschak as others have mentioned, scaling up quickly is not necessarily the best approach for a beginner (and in fact, it can come with some serious risks).RE is just like anything else in the sense that you usually want to start off with the simplest, lowest-risk, easiest to learn strategy (like house hacking).