Hello trailblazer! Well, you have a few hurdles
but it can be done. Raising kids is quite expensive no matter how you slice it. I am 60 and still paying
(they are worth it though).
If you are handy and think you could stand being a
landlord, I would suggest real estate. Knowing what I know now and being 39 again, that's what I would do.
A creative person can make a fortune. I see deals EVERY DAY. Seriously! But, I am all done working
and it is work for sure. Also, you need lots of
knowledge, but there are many ways to acquire it.
Consider this. I have owned raw land, single family homes,
duplexes, multifamilies, retail buildings, a manufacturing
plant, a hunting club, a condo, farm land,
vacation cottages, and I never lost a dime on anything.
True, I had to scramble to breakeven a couple of times,
but in real estate creativity and leverage can make you rich. Carlton Sheets ain't kidding