Keep studying and reading about the industry while you do, but by cutting your teeth there you'll learn real-world skills and knowledge for many different forms of real estate investing.

Investor benefits by using his skills of finding a property and structuring the deal.Private lender benefits by using idle cash in his retirement account to fund the work.Owner benefits because he would get more $$ agreeing to JV rather than selling at the discount. 

Using new technology, advanced equipment, unique methods with new materials for old applications (Aqua Therm and Rust Stopping Paint) and sophisticated logistics (with highly skilled personnel) TMG, Inc. creates solutions, resulting in approved operating costs.

If you don't have the skill or cash to work this lead (as most wholesalers don't), consider working with someone in your area who does.

To do so, you need to be well rounded, as real estate requires a mix of analytical, financial, marketing, interpersonal and organizational skills.

The seller, because she is the party on the mortgage, or myself ,as someone who has the skills to negotiate? 

He should be good at marketing, a skilled negotiator on your behalf, have his ear to the ground for movement/conditions in the market/neighborhood, utilize and share MLS data to come up with comps/ARV, have contacts with key players (inspectors, contractors, government officials, loan officers, attorneys, property managers, other investors, off-market deals etc.), quickly manage all the cumbersome paperwork/contracts/communication/scheduling, and know how to navigate a lot of the bumps that often prevent deals from closing while keeping all parties on the same page and moving forward.

If I take a job at a firm that does not service real estate or business clients, I'm still gaining very valuable skills that can result in providing better representation to real estate or business clients in the future. 

The real estate world has lots of wonderful people but it also has more than its fair share of unethical people.I like to get to know the people making things happen and identify a person who is really good at the specific skill I want to learn. 

What kind of skills might I need and where would I learn them?