They can help you see where you missed the mark and that will help you screen deals to find the right ones.It sounds like you have skills that can work to support a JV deal. 

2) What would happen if someone used the above steps, and instead of transitioning to an MTR, they got out of the rental gamer and turned their property into a vacation home?

Sharpen your skills and you'll earn money in any market/sector.  

I'm pretty new to the real estate investing game but obviously looking to gain the skill and knowledge to eventually build an empire. :)I am a clean, quiet, and respectful person and looking for the same while rooming together for these few days.I live in Vegas but originally from SoCal.

They often know about listings before they hit the market and can guide you to good neighborhoods for flipping.Use Your Contracting Skills: Your experience in contracting is a huge asset!

As far as using sweat equity to add value, what's your background or some specific skills you'd be able to help people with in the real estate industry?

Since then, I've learned more into my build, design and project management skills, taken everything in house, gotten my GC license and taken a more hands on approach.

My SEO skills are definitely not the best and while I use Instagram, too, I've found it hard to get people to actually engage.

It is now the best time to be an investor provided that you have access to your own capital to do deals and don't need third party funding combined with your strong skills in purchasing a distressed property at the right price.

Wholesaling skills translate well with both buy and hold/fix and flips.