I would choose a place that doesn't have the frozen pipes/ice, snow damage and hassle risk, yet close to winter recreation. 

Purchase price: $277,000 4-Plex on .75 acre lot in a recreational town.

You sound like you have that already and will waste a lot of time giving up what you’ve built in one MSA to recreate in another MSA....while you’re overseas.To your question: Option D: cash out the most appreciated house and use that for dry powder to acquire the next rental your awesome team finds.

Talking to a seller who had a small property for rent on 8+ acres of recreational land we determined that he didn't want to sell the property/land for anything other than market value, but we continued talking. 

I recreated the numbers using 20% down on a 30-year schedule and got the following:When running the same using a 20 year amort schedule, I actually get numbers a little higher than yours (9.5% ROI), but a little variation is to be expected as we are talking about a very long period of time and there are always subtle nuances in calculating performance (some syndicators are experts at this).

I'm based in Chattanooga, which I chose when I moved to TN last year because it's a mid-size town with a low cost of living, plenty of activities, natural beauty and outdoor recreation, and great real estate investing opportunities! 

Additionally, there is great space on the other side and plenty of recreational opportunities there as well.

In the past I have invested in recreational land and have rehabbed 3 houses and am now starting my 4th. 

Under no circumstances will tenants or guests park trailers, boats, or other recreational vehicles on the premises.

New massive ski resort proposed next to Trans-Canada Highway in Chilliwack.There is a new proposal to build a massive ski resort in the mountains that frame Chilliwack to the southeastBridal Veil Mountain Resort (BVMR) in the Fraser Valley would have about 11,500 acres of mountain recreation terrain, covering a footprint that spans Mt.