The best learning tool I found (and Ive read, studied courses and watched a ton of videos) was found on Amazing.com (you get a free trial) look up Jason Hartman Real Estate.

It also sounds as though you did not do an LLC and choose to be treated as a Sub S corp, so the income will also come to you as Earned Income, and will also be subject to Self Employment Tax (although you might have already paid the maximum).I applaud your decision to set up some kind of system before you do anything like this again.  

I ended up losing one of the leads due to her choosing to work with a realtor but was able to continue working with the other seller.

At BP, you can watch online videos and learn by taking the online courses absolutely free!

Depending on what market you choose and the conditions of that market you may want to sell first prior to finding the next property.

BP has free online courses and videos for you to watch and learn from.

@Eric Pinter Why did you choose Van Buren over Little Rock's market?  

At BP you can network with other investors, access free online videos and courses, and also listen to BP's very own podcast in itunes.

You may also choose to deduct an allowance for depreciation - whether you do or do not is a decision based upon your current and {anticipated} future tax situation.That which remains is your net income from the taxman's point of view.

With access to free online videos and courses, the learning never stops!