@Benjamin Goodman gives a good example referencing live in flips. 

Convert the property you are living in now to your second rental, and buy a new home for yourself. 

I too live in Asheville, so Sapphire was closer than Cashiers and Highlands.

I currently live in the Bay Area, but I’ve decided to start investing in the Jackson County/MO area.

If I were investing in eastern WA, or where my extended family lives in Pennsylvania, those 100k houses in good condition are a real thing there.  

Did you read Lend to Live?

If they're evaluating other properties and you have a good social presence that gives them peace of mind and a good sense that they'll have a nice living experience, that could be the tipping point if they're considering a similar property. 

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

@Jarrod OchsenbeinIt's great to hear that you are succeeding with the co-living model.

The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level).