I began by wanting 5 residential units so each of my children could have one and then there would be one for me to retire on.

@Robert Lum  you bet you can troll around a site like BP read their books listen to the pod cast of those that are successful and talk about their business's.. its inspiring and motivational.but if you really want to learn the nuts and bolts you need to get in the game.the best and least expensive way to do that is to simply take a pre license course in your state.. learn the laws ( the real laws not the BS that is talk about on line).. terminology etc. then go to work with a brokerage in the aspect of Real estate that interest  you.. there you will get REAL training by those that are successful you get on a team.. you get paid as you learn.

House hacking with two children can be tougher than expected because you will always need to take a larger or the largest unit which will reduce your cash flow on the property even more.

BUT we aren't alleging either that we have 38 children, that we're both half Native American, or that one of us served in a war that ended before either of us were born.

Thank you very much, your answer is very inspiring and reminding.

The rest is history and a story of success people find inspiring but hard to believe.Good luck      

If you’re exploring similar options, discover this resort for some inspiration.

But, i do have a couple of LLC's, mainly for transferring property to children or spouse when I drop dead. 

That's a factor to consider if you have children and want them to be in a good school district.  

fyi, one of my children (also in Indiana) had a very good experience with a VA loan through Veterans United.If you can find a tenant who wants to be rural and have space but doesn't have a down payment or for some other reason doesn't want to buy or can't buy, that person could be an excellent fit for your situation.