I'm familiar with the Greenville area, having lived in North Carolina for a few years.

If it pays for itself, it provides you with a "free" place to live during the off-season.

My property manager called (I live in Denver) and told me they got it turned off pretty quickly, but a whole wall's worth of drywall was damaged. 

(I lived in Houston for 29 years--last place was the Rice Lofts downtown.  

(I currently live in south MS, so the Gulf Coast is where I am looking)3.

Thank you Eric.In addition to the rental properties, my wife and I have a paid off house, paid off car, and about $1.4m in retirement accounts, brokerages, and savings.We live in a HCOL area and our expenses are $9.5k per month even though we live pretty modestly.I set out initially to have real estate pay for at least some of my expenses in order to give me more freedom and financial security.Is your wife quitting too? 

I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.

I'm a guy approaching middle-age, living in Chicago.

With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.

House Hacking using the VA loan to live on one side while renting the other is great.2.