It's like a chainsaw in the hands of a toddler.

Me, my wife, and toddler are planning on buying a multi family home in the Phoenix valley in the next couple of years.

It's a turn key 4plex walking distance from a major University (ASU) and definitely a nice place for me and my wife and toddler to live in.

Tenant just moved out, but she was giving off litigious vibes during move out inspection, especially when she said that original laminate countertop is a 'hazard' because her toddler granddaughter hit her head on the corner multiple times, and that I should notify my insurance company.

Why" is the domain of toddlers. :)  You just need it, trust me.Your SDIRA is essentially a trust doing business - private lending.And if you insist on why - here is a good explanation by one of the companies founded by a BiggerPockets expert, @Carl Fischer.

When FI to some is living on $30k a year and getting enough passive income to do so, what happens if they ever decide to have kids, or the toddlers they have now grow up and start costing more to feed and take care of?

With those proceeds ($75k after fees, no capital gains for residency) I have:- Paid off $25k in credit cards, now my only "revolving debt" are balances I'm paying each month.We- Installed a radon system for our new home (~$6k; historic property, have a toddler and don't want to risk anything for his health, you folks with kids know what I mean)- down payment (25%) and finance fees totaling $38k for a triplex that will net $1000 a month, not accounting for anything other than PITI.

Currently have a demanding full time job, wife & 3 toddlers at home, so the BRRR/House hack strategy doesnt sound like a realistic option for me.   

OMG - this thread is like giving sugar to a toddler!

I appreciate that tip, but I am concerned because we will be in another state and I do have a FT job- and a toddler!