I suggest you start with wholesaling, it will teach you how find a deal, and orchestrate a deal with a buyer and seller. 

The seller is a licensee, he has the same duty to the licensees that brought him the offers.Otherwise, you're putting the seller in a position where it looks like he may have orchestrated his offers putting together a better offer and trying to cut the other agent out if the property is sold to another entity, like a partnership. 

I've talked with my lawyer about this and he suggested I also discuss this with my accountant to determine the best method to orchestrate this from a tax perspective.My accountant suggested that the properties held individually in LLCs elect to be taxed as an S corp, because of possible self employment tax, to which I replied "Isn't rental income (passive income since I'm not a real estate dealer) excluded from the self employment tax?

Some investors may not want to buy the property in an LLC so you should check your buyers on their requirements.If your flipping to a Retail C-buyer, then your going to purchase the property with your LLC on the A to B, then resell th property on the B to C, not the LLC.In my opinion, short sales are one of the most difficult deals to orchestrate, but the broad strokes in your outline sound okay to me.

And:Aside from putting up car and bandit signs (which I won't be comfortable with until I have a little more experience) WHERE do I specifically find homeowners who might be interested in selling their home in a short sale which I can orchestrate?

Apparently it was the son that had orchestrated the demo of the house.

Could we orchestrate something like he put's up all the money to build it and gets a higher percentage or what do you guys think?

Enjoyed watching the two sidekicks, they began barking on que, everything is orchestrated to perfection.I'm an Army guy, but love'em all, best thing I like about the Marines, they can put on a really good parade!

Sounds like you have the time to put in the work to orchestrate the entire deal.

You'll need to be the orchestrator if you go this route.Given that you don't have much disposable monthly income you should be looking for ways to increase that your income as your top priority.