What risks do you want to minimize e.g. you never know what you'll get when you open a wall for a rehab, and how much time do you want to devote to your properties?  

While I am certain you are going to get a plethora of answers, I will try to provide an answer that provides a more general guideline versus detailed specifics.Personally, each of my days has some amount of time devoted to the following:Education and trainingmarket research and analysisdatabase and contact managementadministrationreview and reflectionEducation and training could be as simple as taking an online course from the national Association of realtors, my brokerage or reading a book like The Compound Effect.  

Welcome.Your construction credentials will prove to be valuable to you in a lot of ways but, of course, there are many other areas of real estate investment that you will have to master over the years.You haven't given us two important numbers: (1) the age of your oldest child and (2) how much time you and your husband collectively have each week to devote to real estate. 

@Robert White, actually crowdfunding for the purchase of real property or funding a mortgage on real property is an established concept used successfully over the last 2 + years.There are currently over 100 crowdfunding sites devoted exclusively to real estate in the U.S.  

I'm closing on my first multifamily 4-plex here in Phoenix and highly recommend that route as a path when you don't have the ability to devote much time due to a job.

I always thought that the number of dollars devoted to interest DECREASED per month, however slightly.

Also interested in a JV deal with someone who has experience in both or either field of investing, and are able to devote some of their time and expertise.I'm an open book...just reach out.

Who are really not too hungry for the money and yet devote their time to the client as it should be OR used to be. and I happen to know one :).   

If part time, about how much time per week do you see yourself devoting?

She is also retired and has a lot of free time to devote to this.I am currently rehabbing 1 unit in the community (acquired via quit claim deed) and there are several more on the way; 3 coming next month.