She helps me build furniture, clean bathrooms, whatever I'm doing, she's there.

Could be passive income at a certain number, lifestyle , wealth, legacy to pass down to children etc..

I am already in the dilemma on needing to move to a larger house, within a good neighborhood/school district for my children. 

Rather use the power of the lump to sustain a income stream that is giftable to my children.

(spouse or children?)

This prevents parties and reduces turn over.When children are involved, the general HUD occupancy guidelines are number of bedrooms times two, but HUD also says to consider bedroom size and sometimes a plus one rule applies.

However, with all that being said I can go out and get a job but I realized that doing so will just put my back in that same cycle and I will never give myself the opportunity to live out my passion for real estate, gain financial freedom and most importantly have time to be a father and husband to my wife and children. ok, (my journey is a lot more elaborate but because I don't want to bore to death I will save some of my exciting stories for later conversations) I am  eager to learn as much as I can from you guys and can't wait to hear from you.Thanks for having me,Odlin Sainvilus 

Bad debt by financial planner definition is credit card balances, car loans, or personal loans for disposable/depreciating items (furniture, vacations, etc).   

Move all your stuff into storage (furniture, clothes, knick-knacks etc.)2.

It's like you're saying but a bit more complicated.True, there are components of the property that depreciate over a faster life5-year = Personal property (furniture, fixtures, carpeting, appliances, etc.)15 year + Land improvements (landscaping, pavement, fencing, etc.)BUT, according to the IRS it should be done through a quality engineering based study, otherwise known as cost segregation.