At this point, I'm not even sure what size facility to build.

Since each solo 401k participant can borrow up to 50% of their respective solo 401k balance not to exceed $50,000, if your husband is also self employed and has funds that he can transfer to the solo 401k, he can also borrow from the solo 401k.

@Mehreen ShehdadIt is impossible to answer the question as the amount of the HOA dues are specific to the complex and in most instances the size of the unit within that complex

Anthony, I don't think there is a standard "one size fits all" way to get started.

There are one bedroom apartments renting for $900 a month in the Spring area so based on the size and being familiar with the area $1,495 sounds good.

Additionally, the reason we hesitate to sell is because we've got an accessory apt in basement with income stream as well as a separate office for where I work every day (self employed).

The condition of the house, the property size, location, age of the house, finish work, etc. all weigh in to valuations.

I am currently employed as an engineer and working on paying of my first home.My plan is to finish paying off my primary residence before moving on to conservative buy and hold investment in a couple nearby cities. 

I think it's still the case here in Charleston County that you can add an accessory dwelling of up to 800 sqft as long as your lot meets certain minimum lot size requirements.  

Everyone has their opinion on what is acceptable but personally I wouldn't be getting into personal conversations over why someone has bad credit and what they are doing about it etc.What about income levels and length of employment?