We have a small child so any advice or testimonials would be greatly appreciated.

My child is in the first grade and we are extremely happy with it.

Even at -5%, it would take over a year.Job openings are at all time highs; so, wage growth should continue, particularly for the bottom 50% of households.Spending estimates by all income levels, but most significantly lower incomes, are at record levels and inflecting higher still.Average tax refunds are higher (due to child tax credit).The data shows that the biggest segment of society is doing better than ever...that's what causes inflation! 

I was also a landlord for my first year of RE investing while having a full time job that requires a fair amount of travel + a newborn.

Weird question - I am buying a property from heirs... after talking to them for some time, one of the heirs tells me he has had children outside of his marriage... and owns a ton of child support, so how will it affect him? 

I just had my first child, and my husband and I would like to be more financially independent, get out of debt, and start living our lives!

I have a child in grade school and the activities are VERY time consuming. 

Broadly speaking, according to federal law, you must allow at least two people per bedroom.So with that in mind, it does sound like your tenant is in compliance with this - one child shares a bedroom with her, and the other two get their own bedroom.I would bring this to the attention of your HOA.  

Additionally, if you ever want to sell a property in Wisconsin, many people do not understand that delinquent child support, federal taxes and any unsatisfied docketed judgments are going to be an issue.

So I am looking at a property, only issue is the child of an existing tenant has high lead levels in his/her system.