(I have no problem throwing in some sweat equity, I've done all phases of construction) Or what about a land contract type of deal?

Casey, It is legal nationwide to wholesale however make sure to get all purchase agreements/assignment contracts reviewed by a local attorney to ensure you have the proper verbiage & contingencies.

I realized that simply earning money following Jeff's advice across different part time jobs and investing wisely and networking with other folks is the way to go.Yes indeed many wonderful folks in this forum are right.. you can network with others to help you get the house.. where for example you can be the guy with boots on the ground, while investors provide passive income or partially also be a bit of both active and passive... type of investors... where for example some of them can help you analyze deal and get it under contract... 

So would I show the details of the wraparound contract?

This is a one-pager that has a few photos and descriptions of the property, for Craigslist, BP, local RE Club, Facebook marketing, once you have the property under contract.

I accepted a contract on the home this weekend and it was for an FHA loan.

Some things I would add to contract are-condition of me remaining owner-conditions of us keeping an owner/manager relationship with the rest of units- contract at market rent with credit of among we agree upon (maybe 8k) I agree,  if it gets more complicated than this,  I wouldn't do it. 

Contract for deed is preferable with 10-20% down, depending on price.

Some people who levered up were hurt bad when rents contracted so you will want some cushion. 

I updated the purchase price and submitted a 2nd LOI.2- The seller signed and sent me the LOI back.3- On Thursday, the seller's agent notified me that I needed to send them a contract in order for them to cancel the showings scheduled for Saturday.