If you have a job where you make way more then you live on this makes think you are probably pretty safe.  

Quote from @Rou Odab: Hello everyone,We bought this house, and we're living in it and renovating it.

It very well could become a large enough investment to be worthwhile, also solving for "unexpected emergencies ", for the most part and would an easy self management situation if you were to live onsite in one of your connected townhomes.

Having a property management company seems to be a good option for me since I am living out of state.

However, I am thinking of having my parents who are retired living there part of the year and doing STR for the remainder of the time.

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

You have multiple people living in each others spaces.

A lot of people go in expecting these programs to completely change their lives. 

I'm familiar with the Greenville area, having lived in North Carolina for a few years.

I was definitely not going to miss the opening weekend haha.A movie is definitely more enjoyable after walking 3+ miles to see it.