With almost 46% of households as rentals, the Charleston market is better than it appears on paper.  

Census Bureau: American Community Survey (ACS)The ACS was launched in 2005 and is administered every year by the Census Bureau to roughly three and a half million households in the USA.

A startling number of American households are currently not paying their mortgages.

A new report shows about 9 million households in the U.S. are millionaires.

The area has a very low crime rate, average schools, the average household income there is 60K.

Forecast: Continued job growth will bring more renters into the market, strong 2016 will carry over, future of Memphis rental market looks strong.He said it: “This is the single largest creator in households, and it is the absolute key to apartment rental growth,” Grimes said of the correlation between job growth and rental demand. 

.$18,000 for heads of households.$12,000 for singles.This seemingly benign change can adversely affect vacation-home owners, because their allowable itemized deductions (including those for vacation home mortgage interest and property taxes) may not exceed their standard deduction amount for 2018-2025.And in Hawaii… Short term vacation rentals come with an additional tax burden of 10.25% in Hawaii, the Transient Accommodations Tax (TAT).

He lost his job and as he was recently divorced didn't have a two-income household.

I grew up in a military household, and as much as I'd have to say on pros/cons I'll say don't do it "solely" for the va benefits.

According to the county assessor's website (https://propertytax.utah.gov/real/locally-assessed/residential) "The residential exemption is limited to one primary residence per household."