It is a mutli-million dollar property.

It's better to have a property vacant or charge less than market to attract a high quality tenant then to get someone in fast. 

Surprised you can't build attached with RSA-3 Zoning. 9' would definitely not be wide enough to attract tenants or buyers.

The property is over a million dollars, and according to the lender I spoke with earlier, I should be able to qualify for a zero-down loan if I sell my current home to reset my VA eligibility.

With quality photos, your property advertisement is able to stand out and attract the attention of potential tenants.

So in the meantime, let's all pick up real estate and make our 1st million dollars.  

The rates are still low enough to make the rate almost as attractive as the investment itself (that was borrowed from @J Scott).  

Anyone know if a non recourse loan is available for $3.8 million loan on a hotel.

All you'd have to do to build a comfortable income is buy one duplex every year for five years that repeated the soundness of the one you're considering now and you'd have a monthly cash flow of $6,000 with a robust savings for repair and maintenance.You'd also have somewhere in the neighborhood of a half-million-dollar net worth, and all this without considering other sources of income like a W-2 or working spouse.

We have over $1 million in equity now and have been building out our Vanguard investments.