@Jimmy Thomas on passing your exam.I am a real estate investor/realtor/entrepreneur here in Atlanta.

Setting up a wholesale business is a bit more involved than many real estate investior entrepreneurs realize at the beginning of their investment career. 

Can anyone walk me through the steps AFTER someone has purchased a property at a delinquent property tax sale???

The mind of an entrepreneur, much less a real estate investor in these times, is not understood by most people.

Most entrepreneurs have read the book.Another excellent and short read is “Who Moved My Cheese”.

Perhaps the borrower is an exceptionally gifted real estate entrepreneur with a knack for getting things right.It sounds like you're trying to assume a non-recourse loan, and with that, I wish you much luck.

Some of the most successful real estate entrepreneurs I know were engineers with good incomes that saved their money and got into real estate with their saved capital.You can get into the real estate game without capital.

Become an expert in your field, I think then, and only then, can you move from a "newbie" (denotes hobby IMHO) to an entrepreneur, which is how I refer to myself.

Since then it has been a non-stop read-a-thon(investing for dummies, TP entrepreneur, ABC's of Real Estate, REI for dummies).

Be the entrepreneur or at least the manager -- NOT the technician.