If I am reading what you put correctly you should be down to three kids all day as everyone else is in school. From that standpoint think about the age of these kids and what they will need - the baby may nap twice a day for a few months, are they young enough you can skip crafts, trips to playgroup or other outings - the things that take away from doing what you want to do during the day. Yes you will have busy before and after times but the day might settle down with the bulk of the kids gone all day.
One issue I do see is if for some reason your own kids are sick and not going to school will you still have to take the other school age child to the bus stop and pick them up. If you had to let anyone go that might be the one and use the change in space usage as the reason. It also means your own kids won't have the same degree of competiton for your attention when they get home from school. I always had the daycare kids fed and freeplaying so I could sit and chat with my own school age kids and give them a snack when they got home from their day.
I agree that it is good that you are recognizing that it is time for a change and considering all of your options. Sometimes just thinking about it puts a whole new light on what life is going to become.

































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