The home was big enough to house my father and me as well as my three children.

The one thing I drill into my children's head.  

The problem your tenant is having is not the kids it is their parents, they are allowing their children to run wild.

I have two children and am still not a homeowner.

I was thinking of getting basic IKEA furniture.

I personally have a plan to start with just one unit, rehab it to Class A standards, equip it with NICE rented furniture from a furniture rental place, and see how it goes.

What happens if the city inspector sees furniture and signs of living during a final inspection?

I attend more fundraisers for sick children, family who's home burned, raffle for fire departments than I can possibly remember in a month.That being said when my company/business "gives back" it is to a 503c compliant organization that I can claim on taxes.

If you are up to it, after a year, you could have enough saved up to buy another owner-occupant small multi property with low down payment and move there (TIP: Keep furniture and STUFF to a minimum.

My wife and I have a horse, and ultimately would like to have a horse property (we really like Corrales) where we can raise our children (no kids yet!).