Quote from @Hunter Hanlon Taylor: Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

@Jennie Berger The RS-3 Zone allows for Single-Family residences & 2-Flats as "Permitted Uses"; however, the RS-3 Zone still requires 2,500 sq.ft. of lot area per unit (i.e. 5,000 sq.ft. for a 2-flat) unless the lot meets the exception for the characteristic of the block as previously mentioned by Nicolas; then it can be reduced to 1,500 sq.ft. per unit in order to construct a 2-flat.

I could use the proceeds to to pay down a good portion of my mortgage on my Primary residence (that is currently at 7.3%).

I wholeheartedly believe in the end you will come out ahead, but you must be prepared to weather potential storms with the strain of limited to no cash flow, which can be challenging. 

I know SC is steep for non-primary residents.  

I strongly advise you to get your primary residence taken care of FIRST.

Here's a link to my company's application: https://northstaronline.managebuilding.com/Resident/rental-a...We use Buildium as our software service.

Initially, I was focused on multifamily properties, but after doing more research and considering that I will be making Florida my primary residence, I believe that house hacking or short-term rentals (STR) may be the ideal route for me.i still will own my Southern California home; shift it to secondary.  

At this point I'm mentally prepared to take a loss and be done with it.