I would be happy to have newbies be involved in this as well (perhaps a joint venture).

I only have about 15-20k I can use to invest, so I need to figure out how to get creative financing.Maybe you could consider joint ventures with homeowners who don't want to sell to wholesalers but don't have the money to do repairs themselves.I don't mean major repairs but just optimizing the appeal for a retail buyer.Once you agree on an as-is price near what a wholesaler would offer you could lock it down with sales contract.Then a joint venture contract could be drawn up that protects both parties.You would not be looking for distress sales because the homeowner needs to be able to keep paying the mortgage and has to have enough funds to move out before the work is completed.You would have to be selective about the owner and be confident they can fully understand the process and that they can pull it off. 

This system was discover almost by accident, but I still use it today all the time to control real estate; residential and large commercial properties.

I provide a complete acquisition and management service, covering the following.Pre-purchase inspections to determine repair/upgrades needed.Coordinating renovations and preventative maintenance.Tenant screening, writing leases, rent collection.Payment processing to vendors for repairs & routine property maintenance such as air conditioning, pest control and lawn care.  

I'm not familiar with the Florida market but I wouldn't expect wholesaling to be a worthwhile venture for you.

I have a great joint venture partner I plan to buy a property with, using a good private money lender I know.

It is a bit scary venturing into the world of real estate, especially with having to create your own network of contacts and relationships.

@Justin FernandezHere is one definition of "joint venture": "a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities"For the sake of simplicity and what is most likely in our kind of real estate, let's agree for our discussion that we're talking only about 2 distinct parties (as opposed to 3 or more) joining in the JV.

., a Master Lease is when you take control of a property and have an option to purchase it at a set date in the future.

I look forward to gaining all the info I can from the site and doing some Joint Ventures.