I also have 401k with 4,500 which I estimate will be 7,000 by the end of the year.Fund 1: 24kFund 2: 180k401k: 7k Right now, I am a renter that pays 900 per month, with a stay at home wife with a child on the way.

Our lot is fenced in and we cannot see where he lives but close enough to be of concern, but we want to stay in the same town until the kids are finished school.So, my question is this, would it make sense to rent our home (roughly $2300-2500/mo. as per real-estate agent claims), with the stipulation that the garage is used for my business AND buy a home nearby?

Smart move. documentation is your best friend :)  Stay safe out there.

Hi Makani, I believe that staying positive is great cash flow in itself. 

I'd also recommend staying away from townhouses if you can but understand in some markets they are more common than others.

Brokers either get leads through a network of brokers in other disciplines or organic contacts.

Last short term rental we put on the market was booked for a 30 day stay first day on the market.

Airbnb with a minimum of 1 month stay could be a good reference too. 

To anyone considering such generational structure, I suggest: - Wyoming as a organization state.

.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!