Sounds like a great plan. 

.: I already knew something like this was going to eventually happen.

Quote from @Laura Yelin: Hello BP'sI like Sherman...I lived there for about 3 years many years ago and still sell and rent there.It's a slow wealth building market in my opinion, not get rich quick.Mostly blue collar stable town.

Your relo benefits will likely govern this decision more than other factors.

It's much like being a guest when we stay there. 

With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Usually you all can tell me what rents are and then I like to solve backwards. 

If you are borrowing $150k, rates will not likely drop enough for you to justify a refinance due to lower rates.

It sound like you have your area under control.