I also ran my first ad on Craig's List for distressed properties this afternoon and will be actively looking at other marketing outlets to generate leads.I'm looking forward to networking and building a team to help me.  

Since you have a state license, I caution you about getting into wholesaling, you could lose your insurance license from illegal real estate activities!

I'm actively recruiting new agents as we're about to open a new brokerage next week.You CAN start part time, but it will hinder her.  

There is an active investor's community that will help steer you in the right direction.

And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Honolulu" or "Kailua" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area.Use the Find Members area to network with other members who are local to you or are in an area you're wanting to invest in.

Ultimately, i would like to be an active investor here in Socal where I could fix and flip properties and use the profits from that to buy multifamily or commercial rental property.  

Just want to get a pulse of who's actively flipping in Montgomery AL?

If I do go the equity route - such as taking 10% initially in additional capital for my services, should I also charge management fees down the road - or should these two activities be separate? 

@Doug SaylorDoug, do yourself a favor and partner with an active, experienced investor who can fill you in on the TREC contract form, addenda, etc. 

Furthermore, if you are aware of illegal activity on BiggerPockets, please report that activity to the relevant authorities.