My friends do and have done. They're not able to pipe up here because they're too busy to participate in any kind of on-line or real-life homeschooling support network. 
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They have pigs, goats, sheep, a horse, chickens, ducks, turkeys and rabbits. The goats are nubians, and they're requiring milking right now. They had a dairy cow for a couple of years but gave her up because the milking was just too onerous.Â
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They also ran a business for several years. Right now the men are doing handyman type stuff, and the mom is substitute teaching in the school system, but in the past they have a cafĂ©/gift shop which they ran full-time.Â
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They have five kids. One is grown up and moved away. Two are now in high school full-time. Two (7 and 10) are homeschooling still. School is a recent thing. Most of the time they've had five homeschooling.Â
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I think they're crazy. Endearingly crazy, but crazy nonetheless. Because of homeschooling and homesteading they don't have enough time to devote to their income-generating work, so they're very poor. We're at least in Canada where health care is covered for them, which is fortunate since the dad had a cardiac arrest 3 years ago and required some very expensive care. They have a live-in bachelor-"uncle" kind of guy who is a huge help and without whom the family couldn't have run all these years. They also host WOOFers regularly in the growing season and that helps a lot. But they're so busy. And so tired. They spend a lot of time working together, but there's so much time pressure and financial pressure on them all, I'm not sure that they're really able to enjoy each other's company much.
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I also think that the kids are a little socially isolated as a result of the family's choices. They're so busy on the farm, and because they're on a rural property they aren't within walking distance or quick driving distance of other kids. The older kids chose to go to school to break the isolation. The 10-year-old (almost 11) is starting to develop the social needs that drew his older siblings to school. I'm not sure how much longer he'll be happy at home. He spends a lot of his emotional energy being in snits about not getting enough time to connect with friends. Generally I think they kids are very well-educated. They're pretty much out-and-out unschoolers, and the kids are bright, knowledgeable and capable. But while they seemed happy when they were young when their were older siblings around and their parents were doing things they were excited to be a part of, as they've got older and developed different interests it's worked less well.Â
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I do feel thankful that our family has made different choices. We have chickens and that's all and they're easy to look after, which is great since it all falls to me now -- the kids have lost interest. We live just 2 miles from town on a single hectare, close enough to the village for them to bike or walk. And my dh has a secure income, meaning that I need only work very occasionally, so as my kids' interests have evolved and diverged from what I'm busy with, I've been able to support them as they've wanted to go in their own directions.
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So I guess my advice would be to look down the road and consider how the livestock responsibilities and home-based business and rural life apart from school will feel for your ds in two years or five years or whatever. It might all look like it will fit together in a wonderful learning-based synergy right now, but the likelihood is that it won't continue to do so as your children get older.Â
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Miranda