@Ben Callahan, you could find a partner who is looking to buy a similar property, be a co-signer to your partner, and have that person live in it and be a primary resident. 

The Landlord Locks keys or other similar locksets are near impossible to get duplicated (typical hardware store can't/won't duplicate) so if they need more keys, they have to come to you.

Wimberley still has a lot of upside, and if the cost to rebuild and remodel is similar, you go with the new build.  

When I did my first house hack, I used a 5% down conventional because I was in a similar situation to you.  

We decided to market it as a 4 bed/1 bath with an office.Listing Price - $199,900Property Taxes - $2,230.13AssumptionsPurchase Price $230,000In this case I had seen similar properties selling for $225K - $250K so I felt the property was listed low to drive up interest.

I myself am in a similar position looking to acquire a secondary home in the Banner Elk and would plan on using as a STR and would love any input on your findings!!

The replacement property must be similar in that it is another rental property. 

Personally, I had a similar situation when I bought my first home. 

I have seen it too many times where an investor will buy an older property or even a new build, they net cashflow similar to you for a year ($100-$200 per month) and then a $5,000 repair or insurance/tax hike here hits them and it's a loss - they either get forced to sell or are majorly setback and unmotivated. 

I approached it very similarly to what you did.