Brandon - I've read the beginner's guide and similar books over the past year, great information there.

I also want to thank J Scott for his how to flip book because that is what I'm using to get my first flip done with.

Stay committed to learning about the business and I don't think you can go wrong.I suggest reading through the forums like a mad man, reading all the real estate investing books you can get your hands on, and setting realistic goals you can work towards.

I don't have any experience in real estate except for head knowledge from books.

I believe I've got a possible partner in the making for what I believe is called a rehab and hold type deals, and I told him I would get him and me the Bigger Pockets flipping book, but is this best resource for this type of deal?

I'm also a big fan of John Grisham books :) It's always awesome to have new guys here with some good specific knoweldge - in your case, taxes!

I found some similar threads on this, and this begs the question: what free or low-cost resources/books/trainings would you advise?

If it's ok to plug someone's book on this forum, read Danny Johnson's "Flipping Houses Exposed".

Start by educating yourself here and through some good books.

Zero in my book.