Go find leads and do not spend a ton of money doing it.Find leads, get their biz, close the deal.Leads, leads, leads

My wife and I are completely motivated by being able to spend as much time as we can with our daughter.

I'm going to spend some more time learning the market and property values so I can find a deal that will make me money going in, instead of banking on a buy and hold with close numbers.

Real estate investors who are used to the fix and flip game often have a hard time wrapping their head around why non performing notes are something that they should spend some time looking into for their real estate investments.

., spend a couple hundred bucks on a title search.  

My advice would be to find a wholesaler that's looking to hire/train a new person or a wholesaler that will let you bird-dog deals for them as a starting point before running off and spending money to start a wholesaling business.I don't mean to throw a wet blanket on your dreams and plans.  

More properties mean I have to spend less time with my family.

I don't want to ask for a copy of workers comp policy and spend time reviewing and scruitinizing it every time I have work or services provided by a small contractor.At one of my traditional rentals I actually have the kid next door cut the grass.

I strongly suggest that you spend some time learning at least the basics before jumping in.

If you're in a growing market, you shouldn't have any qualms about raising rent 3% to 4% every year.Also, as far as wear/tear repairs ago, if you are going to be spending 15% to 20% of yearly rental rate on home improvements, it just means you are responsibly taking care of your asset.