Thanks for any suggestions, or for any other strategies/vehicles y'all recommend!

@Thomas Rutkowski, the high cash value life insurance is a pretty fascinating vehicle that most people don't explore. 

I agree with @Darren Eady, performing loans are a great vehicle to keep things clean, earn a double digit return, and have the security of real estate with far less hassle.

If you get a loan for a vehicle, only do it if necessary.  

If the $50k in consumer debt involves vehicles, boats, motorcycles or sellable 'assets', I want to see Bob amputate these by selling them first to  prove he is serious.  

Let real estate be your vehicle to follow your DREAMS.

I was told by an insurance friend that once I do that, my vehicle becomes commercial and if I didnt disclose to insurance company and became involved in an accident, there could be some problems paying out a claim, etc.Thoughts?  

However if you qualify, the solo 401K is a far more robust vehicle and much easier to own and manage real estate, or notes for that matter.

Clair, my wife and i have been building our Commercial fleet vehicle cleaning company here in Charlestono over the past 4 years.  

Pull cash against a paid for vehicle, be sure and remember you'll have to full coverage insurance with that.