SD is an extremely desirable place to live and for the right price I'm sure you'd have a lot of tenants very interested. 25% of utilities sounds logical. 

When it comes to property type, SFHs typically have higher appreciation potential but require more maintenance, while condos and townhouses can offer good cash flow and lower upkeep.

Most corporate relocations and temporary medical workers require smaller units.

Because at one point you do have to pay it back.This being said, utilizing a tax strategy requires planning.

Talk to a few F&F lenders about % of ownership requirements to be the guarantor, and if there's a % of ownership which REQUIRES you to be a guarantor on the loan. you can avoid this headache by being strategic as to how the loan (and the LLC) is structured while you wait for your scores to improve again. 

Moving out of state, moving closer to work, school or moving into a bigger home due to expanding family like "pregnant" and/or requiring additional rooms or larger GLA.If you purchase a 2-4 unit and try to purchase another 2-4 unit if they are not "Common" to the area you will have a hard time.

The demand for short-term rentals in this area is generally high, especially properties with desirable amenities like a pool.

Some don’t report their off-market business like FSBO sales for MLS stats as it’s not required and many don’t care about stats.

@Graeme Harris Start analyzing lots of deals in your desired neighborhoods.

Your husband will need to determine if the desired loan amount for the down payment on investment real estate falls within the limits set by his plan.Repayment: If your husband is eligible to take out a 401(k) loan, he will need to repay the loan according to the terms specified by the plan.