Plus I would get some separation between the 2 stand ups.

If privacy is a concern with young kids at home, you might look for properties with separate entrances or a layout that keeps your space distinct.You mentioned having substantial equity in your home, which is a great resource.

We wrote into our purchase agreement that a separate septic agreement needed to be drawn up and attached to the recorded deed for all future owners which protected us and the other home owner,  and will make it easier to sell in the future with that in place. 

One more tip – people remember stories that trigger their emotions.

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

If you’d like to upgrade to the benefits of our Stessa Pro plan, you will need to to pay for it separately from your BiggerPockets Pro Memberbship. 

I separated from the military in 2021 with full disability benefits, a transition that fundamentally changed my outlook on life.

Not saying it can't be done at two separate title co's but it's a pain.....and I wouldn't recommend it just starting out. 

Then you can make the appropriate moves when the wind is more at your back and there is less emotional involvement in your decision making. 

Estimate utilities and figure out who pays them (separate meters, landlord paid, etc)5.