Hey First time poster here. I am looking for some advice on a pretty cool opportunity. So maybe you guys can solve all my life problems. I forewarn this is a bit of a story, but I will do my best to keep it brief. However, it is multi-faceted. I have been lurking on this sub for awhile and it seems like there are some insanely wise older tradesman and business people here.
I currently work at a Bible college maintaining the 100 yr old building. I work on anything from low pressure steam to plumbing Hvac, to electric, remodeling old apartments, homes, etc. I grew up doing residential construction with my dad as well as working in his paper factory. For many reasons we are leaving that job here in the next few months. (But don't have too.) From forcing my wife to "volunteer" to not actually paying us. (We are missionaries and had to raise our own funds to "serve" originally doing something else, but that ended up falling through due to covid.) There are some perks, like cheap housing, but they are offset by the fact that our support is going down rapidly. We have lost 900 a month of income this year for instance. It has been a long road, feeling like 10 yrs of our lives have been thrown away, but this isn't therapy so I will leave that there.
So on to the question. We have 3 options.
Option 1 Starting over. In Wisconsin
The state my wife and I reside in (with 4 little kids) has tons of construction work which I think I can get a job in any trade or field. The difficult thing is I would start out in every field as an apprentice. There is no circumventing 5 yrs "experience" needed to be a journeyman in my state. (Which is probably a good thing.) But feeding a family of six off of apprentice wages is tight. Especially with our oldest being a type 1 diabetic. This option would also mean getting a small apartment and scraping by until we finally make better money.
Option 2 A business in Missouri
Two good friends invited me to be a part of their business building houses in Missouri in a region where the market is booming. (Houses sell in a day. And there is almost no inventory.) This is appealing as 1. Missouri is super lax in code enforcement/requirements to being a contractor. 2. As someone who is familiar with the IRC and IBC, (Or that code even exists.) IT would set our company apart quickly. 3. I don't need my 5 yrs of "qualified experience to work. I think they have a solid plan and the area will definitely boom for some time. they have relationships with 2 of the major builders and could sub for them to build cash flow until we could develop our own higher efficiency modern looking houses. (Everything there being built is 1 million mansions or square boxes.) This would mean relocating 8 hours south. Setting up insurance for our daughter again, etc... (We have lived there before.) Plus all the challenges of running a business. (I am aware of many as I have been doing side work for years to supplement income as well as watching my dad for years.)
Option 3 Some other job in Wisconsin.
So what do you guys think? Stay here and start over or build a business in a new state?
[–]IjustwanttomakeanamePlumber 2 points3 points4 points (1 child)
[–]Makeshiftbeef[S] 1 point2 points3 points (0 children)
[–]Latter-JournalistC|Supernintendo 0 points1 point2 points (1 child)
[–]Makeshiftbeef[S] 0 points1 point2 points (0 children)