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Updated 1 day ago on . Most recent reply
Goals to get out of W2: need ideas
Hi everyone, I am new to investing. I have been a teacher of Family and Consumer Sciences to teenagers for the past 13 years. My husband talked to me forever about real estate investing and I was too stubborn to get in on it when we should have. But I've seen the light and have now jumped in with both feet. Long story short, we have two STRs that I will be officially posting this week. We are planning to self manage and I am going to be the "boots on the ground" for cleaning (due to a limited number of cleaners willing to do what I want for a vacation rental). We also have a 4 year old at home and are waiting to match for adopting a second child. As a teacher, I'm feeling burnt out and lacking the time to care for my family who has higher needs than typical. I am realizing that I cannot do it all. Therefore, I am either leaving teaching this year (17 more days) or next school year. What I'm struggling with is how I can find a way to replace my current salary of 60k. We accounted for the savings on hiring cleaners as well as the tax benefit of me being a real estate professional, but we would still like more so that we can continue scaling. The hope is to buy a third property this fall. I considered offering cleaning/hospitality services to other people in the area and creating a mini business with that, but I'm open to creative ideas to gain a flexible schedule with two young kids, aging parents and a business. What do other people do? Is there anything that you wish you had and I could offer to you or people in my area? Is there advice you have for me regarding any aspect of our situation?
Most Popular Reply

Thank you for sharing your story—it’s inspiring and incredibly relatable. Transitioning from a career in teaching to full-time real estate and entrepreneurship is a bold but thoughtful move, especially given your desire to prioritize your family and create more flexibility. It’s clear you’ve already laid a strong foundation by securing two STRs and self-managing them with a plan in place. While the cleaning work offers immediate savings, it may not be sustainable long-term with young children, adoption plans, and aging parents in the mix. Recognizing early that you can’t do it all is actually a strength—not a weakness—and will serve you well as a business owner.
In terms of replacing your $60K teaching salary, it sounds like you're well on your way, especially if your STRs perform moderately well. The real estate professional tax status is a powerful tool to help reduce taxable income, especially if your husband has a high W-2 income. That said, cash flow matters too, and it's wise to supplement STR income with something more predictable, especially early on. One path forward is to build a business around hospitality services in your area. Given the lack of STR-specific cleaners and your high standards, creating a premium vacation rental turnover and hospitality service could fill a niche. You already understand the needs of both guests and owners and could eventually hire and train others to handle operations. Think beyond just cleaning—offer package delivery prep, staging, small restocking, or even linen rental for STR owners. Market it as a "boutique STR support company" and emphasize your hands-on experience.
Another route some people take is STR co-hosting or property management, where you assist other investors in managing bookings, communications, and turnovers in exchange for a percentage of revenue. Many out-of-state investors are willing to give up 15–30% of their gross income for someone reliable to manage the day-to-day. Since you're already the boots on the ground for your own rentals, this could be a natural extension. Over time, you could scale this with systems and local help.
Also, don't underestimate the power of digital products or consulting. As a former educator, you're uniquely equipped to teach others what you're learning—whether it's how to manage STRs, how to vet and hire STR cleaners, or how to transition from teaching into entrepreneurship. You could develop a course, e-book, or even offer one-on-one coaching for teachers or parents looking to follow a similar path. Many people wish someone would walk them through that transition.
Ultimately, the advice I’d offer is to focus on scalability and flexibility. The cleaning business works, but only if you can systematize and eventually delegate. Look for income streams that don’t require you to be physically present for every dollar earned. You're already doing many things right—stepping into action, learning quickly, and recognizing the need for sustainable systems. Be intentional about each new commitment and build around the life you want to lead, not just the income you want to replace. You’ve got a powerful mix of experience, vision, and motivation to make it happen.
Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.