@Rafiq Islam Although the rental market is rather strong right now in Richmond as housing purchase prices continue to rise (like most of the country), you should include a vacancy rate into the equation in case of an eviction.

Bad leverage is using existing equity to buy toys like cars and boats or continuing to buy investments that negative cash flow. 

My passion/hobbies in life are spending time with my friends and family, Racing and riding motorcycles, and continuous learning and self improvement.

What can I do in the meantime to feel like I'm continuing to progress?

Will you continue to use the S Corp after moving the property?   

Find a property I can afford that I feel will appreciate in value in the coming years but will make a long time to cash flow (mostly buying in hopes of higher property value in the future), continue to rent until I can afford a down payment for a conventional loan to allow me for more options on cash flow, or continue to rent and invest in a more affordable cash flowing market?

And if I continue to rent, rent will increase at least 100/mo each year.

And if I continue to rent, rent will increase at least 100/mo each year.

My wife and I just purchased our 2-flat (to owner occupy) in Jefferson Park using this style of loan. 

I'm wholesaling a property on Pleasant St next week and will be continuing to source properties in the area.