If you have a handy uncle / friend / father who can help teach you some of the remodeling skills, that's even better. 

First, learn the process which could be explained in these simple steps:Step 1: Market to motivated sellers Step 2: Sign purchase contract with the seller Step 3: Find cash buyerStep 4: Sign contract with cash buyer for a higher price and collect 2k deposit Step5: Close Transaction via Assignment or Double Closing and Collect your checkSecond, learn has much as possible about the 5 skills needed to be a Pro at wholesaling.

I figured – I love real estate and construction and I am good at math and management so why not use my skills to build up passive income rather than working till I’m 60.But personally I spend the bulk of my time putting together the financing with local individuals looking to make a better return on their money than the stock market can give and to partner with on some large properties, So, of course I gotta ask, you don’t know anyone looking to diversify into real estate, do you?

I am paying someone $35/hour to do a few things that I can't do (skilled carpenter), which should total around 5K. 

We all bring something different to the table and I have very strong analytical, finance and accounting skills, while the other two are stronger with the handy work.

I think you're ready to purchase a tax-deed the major down-fall is that too many foreign investors and small capital groups come in and buy the best properties near or above market value....There's a bunch of posts on tax-deeds its just you have to spend sometime  learning how to title examine (this is a key skill you will have to learn).1/2) These properties are being "foreclosed" by the local government - in general its state specific for instance in FL it is true they can be redeemed until the second before sale however after you're pretty much done for (however if its a valuable property and any of the previous owners in the chain of title have a bit of cash to throw around you'll be forced to defend yourself in court which can be pretty expensive).

I think it's important that you work at something that suits both your interests, your skills, and your basic personality.  

Perhaps you can use your skills as a leg up to look for deals where subdivision or a change in use can increase value.Brian

You already have experience in the other stuff...taking down and managing a deal.I also recommend telling yourself a different story than "I don't have cash or financing"...there is all kinds of money looking for deals.one more thing, allocating money from others require good networking, marketing skills which i need to develop in the time being, besides in my current area which i already invested in, there is over-supply.

The few who make it through and successfully invest often see great success, yet many turn back in the process because it's so hard to find resources and figure out whom you can trust.While I've found it useful to learn things from the syndicator's perspective (investment criteria, underwriting skills, etc.), that can be very time consuming and more technical than the level the passive investor needs.I would start by looking for sponsors, and asking them for investment summaries from previous deals.