This is one of the options I was considering as well. 

Barron I would only consider selling if the gain would allow me to buy a better property with considerably more cash flow.

To be honest starting out seems overwhelming and scary especially considering investing much of savings into a property that may or may not be successful.

Quote from @Craig Sparling: I consider myself an old school fundamentals guys. 

I have a HELOC on my Texas primary residence and am considering a house hack for my next purchase.

I am not sure what type of real estate investing you're considering, but it sounds like, with your family and busy job, you won't have a lot of time to be hands-on or personally involved. 

I recently talked to someone locally to me (Ohio) who got in trouble with the LCB for giving away a bottle of wine with his luxury rental as even that was considered selling it. 

And consider me shocked!

A six-month supply is typically considered a balanced market.

Hey James, I'm sure you've found a solution by now considering this post is 2 years old, but for future reference here is what I have found as far as software solutions for managing a handful of rehab projects at once.Construction/Rehabbing Specific PM Software vs Generic PM SoftwaresWhen choosing your software solutions you will need to decide if you prefer a house flipping software that is specifically built for managing a house flipping business or use a generic project management software.