If you reject the lease assignment then the existing tenant would still be responsible for rent and the existing lease stays in force, so you have gained nothing. 

So now I have gained some knowlegde on how the process works but I need some pointers to get me headed in the right direction to find a good deal.

With school as the primary focus, those two options allow you to be involved in real estate, without having to say oversee a rehab project or manage a STR/LTR (short term/long term rental).There will be plenty of time for all of this of course, but studying (inside school and out), gaining the knowledge base and networking will give you all the fire power you need later on to close deals and accomplish your goals!

Currently looking to start real estate wholesaling to help gain some capital while I’m working a full time job.

I look forward to gaining connections with others on BiggerPockets!

Yessir I agree i ended up finding my own inspection person to help walk me thru properties so I can gain knowledge very good investment precision is key I try to be as transparent up front when sending out my contracts to cash buyers with my format also I get pictures on all the properties to show how distressed they are so I don’t waste the investors time or mine I like to help people out and I want both parties to receive what they deserveAnother reason why I need help with building a bigger and consistent cash buyers list so I can see what cash buyers like and what numbers work for them.

I have gained some knowledge starting out in wholesale for almost a year now and have been full time with no other occupation.

Using round numbers, let's say there would be $50k in capital gains taxes and the property was cash flowing $250/mo.

The best way to get over it is to gain confidence in the numbers, get confidence in the assumptions, and most importantly get proper expectations on what a buyable deal looks like. 

This is not an investment to do without an experienced partner.If you find a trustworthy, experienced partner, you should be sure to learn everything you can about each step of the project so you gain as much knowledge as you can yourself.