I love that your son is able to work with you in your business ventures.

@Steve Picker maybe I'm not venturing out far enough...as all I see bandit sign wise is for new and upcoming properties by developers.

I have never flipped a home before, this will be a new venture for me. 

I call it Control and Roll. sell one of your properties to raise cashput together a friendly joint venture - each member contributes some cash - 10 members at $5,000 should give you some buying power.

Hello, an anesthesiologist who has been passive investing in multiple real estate ventures since 2007 (way before FIRE movement, and all of those physician blogs touting real estate investing in the last 2 years).  

I've been trying to find all the literature and bigger pockets articles to help me with this new ventures.

You'd be paying twice.From a legal perspective, you're talking about a JV (Joint venture), which is a legal document (3-7 pages), similar to an LLC but specific to one project/flip/property.

I am definitely most hung up on trying to outline a good process/workflow for the buying process from negotiations to closing and everything in between.

As it was stated earlier in your thread gap funding only works if its based on joint venture, percentage or participation of some sort.

I would like to keep it local bit if the deals are good I would definately venture out of my area.