Not all states allow family child care providers to operate their business out of a home they don't live in. Check with your local licensor. Also find out if the regulations differ - they may be stricter.
There are some advantages of making this move:
* Your own family will have more privacy and freedom from the clutter of the child care business.
* Your new location may allow you to care for more children.
* Your new location may be more suitable for children or in a better neighborhood to attract parents.
* If you buy the new building, you will get the benefit of rising home values over time.
The biggest potential disadvantage is financial.