Hello,I am recently get involved with a fix and flip (my first one).

If you are a general contractor managing the entire project, you need a general contractor’s license, particularly for projects involving permits.Lien WaiverA lien waiver is a legal document signed by your contractor to waive their right to file a lien against your property after they have been paid for their work.

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. 

your on the right track then.. just compare costs and time involved.. then move forward

I have been involved with a few of these projects in different areas of the country and each one I have worked with has been a great success.  

Their only involvement will be funding the project. 

I'm more involved with Instagram these days :PI'm currently stuck at the "pick your market" phase. 

Something to watch if you are mindful of the government being over-involved in nearly every single LLC registration.

Now we only bring on high income W2, business owners, and investors who are specifically involved in real estate.

Four properties provide diversification, greater potential for appreciation, higher aggregate depreciation deductions, and increased cash flow over time but involve more management complexity and higher leverage risk.