What to do with 100k.

[Kristen Martin]

So, my husband and I purchased our home almost 3 years ago for 209k. It's BIG...4 bed, 3 bath 2600 sq ft. We don't need that much space for us and 2 daughters. The values have gone up quite a bit in our area. Similar homes are selling for $140/ sq ft. We'd like to sell in the next few months but are on the fence as to what to do with the 100k+ we'll have to work with. Here's what we're considering: a multi-family residence where we live in one of the units, a sfr that's needs a bit of help(we're pretty handy) to gain sweat equity, OR a rental in another market that we could get for cheap and hold on to.....OR, a combination of these ideas? We'd eventually love to live solely on income from real estate, but currently work as retail mgrs for around 100k/yr. We're looking for the fastest way to retirement ;)