Memphis, Little Rock, OK and AL are all great markets where the price of entry is low, laws are landlord friendly and they're still cash flowing.

If the problem is that they aren't together enough to be bothered with moving any faster than 30 days, then that puts up lots of red flags for me.  

4 Green Houses means one red hotel, brother.

We've enjoyed checking out different areas within ~2.5 hours from our home on the outskirts of Cincinnati and recently saw something near the Red River Gorge that I really like and can see myself going to frequently.

To be perfectly honest the worst kept secret in Real Estate is that Property Management is the red headed step child of the industry.

Curious if Table Rock area or closer to Silver Dollar City would be a better location? 

The reason being: we’d love to live long term in New England but we’re very discouraged by the housing market up here (a lot of expensive run down properties and seems like a lot of red tape) 

After diving into LTR in SFHs for the last few years, we are interested in purchasing a home (preferably lakefront or lakeview) with dock access on Table Rock Lake. 

I dont have the full purchase price of this 4plex to invest though, so I would have to finance half to 2/3 which seems like a stumbling block. i can still make the numbers work, but at a much lesser monthly profit i suppose. i also dont have the w2 income to support 2 mortgages (counting the one i have on my house), so i assume any bank would have to count the existing leases towards my income which i understand is possibleI guess I was wondering about advice, or red flags, anything, on this specific deal.

If the investor uses financing, they'd be in the red.