He'll even go to open houses and browse houses that are for sale off the MLS just to see what styles are popular and what other sellers are asking for. 

Sounds like a good technique to teach my kids.

Just don't expect the rest of the crew to go out of their way to teach everything to you. #1 priority will be the jobs at hand & learning will be slow.

If you don't have a nice nest egg though, it may make sense to go all out Dave Ramsey style and pay the loans off. 

Looking for some good books to teach me the terms and acronyms of Real Estate, buying and financing.

Who you know can lead to what they can teach you.

The taxes are just too much...there are only a handful of people in the US that can actually make a flipping business work (and they don't flip for very long)...but its too much like a job...The real profits in flipping come from teaching other people how to flip...intellectual property.

This will allow more time for us to be at our daughters extra circulars and even start putting away for her college fund.When our daughter is 8 years old: I want this system to be running so smoothly that I can easily help her to understand it and teach her Financial Independence, a lesson SORLY needed in all education systems but never taught (Reminder, use Rich Dad Poor Dad tactics to teach her).

That will teach you alot more than getting a license.

The past 6 years I was a Senior level manager & I liked teaching employees.