Hello, please share your thoughts and experience if you have any!
My family and I are considering travel nursing - in Canada, essentially we would get paid by the km to travel to the contracts, have free housing including utilities, and I would work for an agreed upon rate between $48-60/h; while my husband would stay in the provided housing with our daughter who is 1. So we would sell our house which we pay $931 monthly and owe $41000 on, and our bills would essentially be vehicle maintenance, insurance, and phones. This way one of us can be a stay at home parent. We would do this temporarily, we have a home line of credit 18000 from a roof and structural repair which we would pay off and close, and are considering purchasing an income property with the equity when we sell our home as a down payment. We would travel nursing until we can purchase a primary property in a location of our choice, which we think would take 3 years. Currently I work part time making about 55000 and he works full time making about 90000.
It sounds crazy, and we (read:I) am somewhat uncomfortable with going to one income, however my husband wants to leave the industry he is in anyways, and if we had a rental property we could live off of my income when we do settle down and he could be a stay at home dad. As a nurse I can also work in most communities so we would have a lot more flexibility on where we want to live - preferably somewhere more walkable and family friendly, with good schools. I think if my husband was the nurse and I was a stay at home mom we would be doing this without a second thought.
Has anyone done something like this in health care or a different industry?