@Account Closed Great question and love that you're working through this thought process! You can definitely take or leave my thought here, but this is what I may recommend: you should let your wife decide what you guys do as a family unit on a personal house. Primary residence is first and foremost a spousal security question, not simply a financial one. If she only feels comfortable putting all $110k into a personal residence, there's your answer. If she's ok with you guys buying a house but not utilizing all your capital, then you can buy a primary residence with some of your $110k and invest the remaining balance. With that remaining balance, I would look at BRRRRing houses as it allows you to take a smaller amount of money, in conjunction with traditional financing, and recycle it over and over to build a strong and safe portfolio of long-term rentals. If you're wife feels ok with whatever and happy to invest your whole $110k nest egg, I'd rent and then look to BRRRR houses using your cash as the purchasing tool which will allow you to buy houses a little cheaper and faster. I don't think it's quite enough to flip houses with, but could definitely be used to BRRRR or buy a few turn-key rentals.
When it comes to the personal house, I think whatever our wife feels most safe and comfortable with is the right answer. That will allow you to make sure she feels great about you investing in the future above and beyond your personal home.
Just one husband to another! =)
Best of luck my friend!
Conner