This is a great place to learn and to connect with people so take advantage of all the great resources.

Do IRA laws still permit this typed of rollover?

My wife is retiring this year as well from teaching after about the same amount of time.  

@Jesse Simmons  I did a similar deal as this in the past. 

This seemed like a good way to hit two birds with one stone.

This means we have to get creative with the design: lower-cost tiles, white shaker cabinetry, and sometimes carpet in the bedrooms and basement. 

Hey everyone, Im creating a pro forma for the first time and want to make sure im creating this correctly.

If you're talking about building an interior wall to create a bedroom, this could work so long as you aren't significantly reducing living space compared to the competitive rentals. 3 bedrooms with a tiny living area could cause problems.

Hey Ricardo, welcome to the BP community and a heartfelt thank you for your service .Wishing you all the best as you take this next step.

This is common in California  Thanks for the reply.