Some of these answers would be based on your risk tolerance and handy skills.

I just learned the skill of wholesaling.Lately, I have been searching vacancies and code violation lists, once I find the property I can't get in contact with the potential seller.

It's waterproof, aesthetically pleasing, and will last a lot longer than carpet. 

It's a skill that you've gotta get good at. 

I have a Credit and Treasury background by trade and I'm hoping to carry those skills forward into investing. 

The house is under contract for $265,000, learned a lot of skill's details along with investment concepts especially how repairs can drastically bring value.

Sooo I wanted to know what do other do to hone skills and fill that dead time.  

Notwithstanding your already fine answers, Tyler--my guess is the owner profile of 5-20 unit properties has a higher concentration of investors who are stretching the limits of their financial capacity and management skills. 

Set your criteria and thresholds for returns...when you see something close, pull the trigger...close, not perfect.Aside from that, your #1 skill to survive in this industry is understanding how to structure a deal...there are lots of ways to do this, but only a few make good sense...remember, fundamentals (buy-and-hold...buy at discount).

I believe I’ve developed skills in my career which will allow me to do well in this industry.