The VA requires you to move into the unit within 60 days of closing or 12 or more months by exception.  

Especially maintenance and turnovers can really hurt you in these areas these days.NOTE: The one glowing exception to this is 38128.

With some exceptions, for single family the sweet spot is likely closer to the $200k range, where market rents are more likely to provide a decent (@10%+) equity return. 

Collateral seems to be intact except that I noticed that the loan mod from 2011 was never recorded. 

I would agree with every thing all previous posters said with the exception of "buy and forget" that can cause issues if the tenant has little respect for real estate and maintenance.

@Grey HaubertThe four exceptions are: Relocation, Increase in Family Size, Vacating a Jointly-owned house, Non-occupying co-borrower. 

Because we had to rehab the properties we kept as rentals, they all have new appliances, with the exception of one unit.  

Question , I have a sale pending with a complete basement remodel with All permits approved except for the final which is in appeal because of some stairs .

You find that out when you go to show the unit when they never asked permission to paint even if it's in the lease.We used a set color, Antique White, Contractors grade Conco brand from Menards. so we can touch up after move outs and never have to think about "what color was on that wall" I use a eggshell finish on everything except kitchen and bath. there I use semigloss.So pick your color and 5 gallon buckets are best cost savings. 

The exception would be if the current IRA is a Roth IRA.Also, there is a difference between investing with a Solo 401k, in which case it is the Solo 401k purchasing property and all funds would be availbale - and borrowing personally from the 401(K), which you are describing above with the $50K/50% limit.