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Just depends on the lifestyle you're willing to live. I would say go Option 2 if your income is consistent and reliable, then your money is going into a solid investment(house) instead of just burning away every month as rent. If you go Option 1, set aside what you need for child support sparingly(6-12 months in advance), and put the majority into an investment account or brokerage. So that way the money isn't sitting waiting to be used, and you're at least getting a substantial return of some kind.
Personally, I would go Option 2.
Best of luck to you and your family man, I know how rough divorces can be. Seen too many in my day.
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2011 E90 328i, 1995 E34 530i, 1992 E32 740i, 1991 E34 525i
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