My Ex-wife currently lives in my fathers home.

I have a property management company manage them as I have a full-time job, wife, and 2 boys.

This area has a unique mix of affordability, beauty, and rental potential that makes it a standout choice for real estate investment.

It’s a beautiful farm as well.

This one isn't a serious one. 1/25/25  around 3PM- Mel (wife) and I were at our rental getting it rent ready for our new tenants.

IT looks beautiful, I can only imagine the satisfaction you must have felt putting on that final coat of paint and saying "finally". 

Because the balance in both my wife and my 401K's are greater than $100K we have the option to take out loans up to $50K for use on our properties. 

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

>>For purposes of taxes, consult with a CPA to confirm this would work for your situation, but you could have the LLC be treated as a "disregarded entity" and thus, even if you and your wife are members, any profits/losses would "disregard" the LLC and go directly on your personal returns. 

My wife and I are tied to this area due to being in proximity to family and we currently enjoy a farming/hobby farm lifestyle that is a big part of our family culture.