@Jason ColemanI would just focus on increasing overall net worth/cash flow instead of paying down what is likely very cheap money-especially when you’re likely to borrow it again in the future.

Lenders will generally loan up to 4 times a Veteran's available entitlement without a down payment, provided the Veteran is income and credit qualified and the property appraises for the asking price.VA county loan limit: 2016 Loan Limits (Effective January 1, 2016).

Plan on renting by room to maximize cash flow.

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

Or was it purchased in all cash?

For that much down and with the lower payments a high level cash on cash return should be in the 10-20% range..

I appreciate any advice you could provide. 

It sounds like you need to do a cash out refinance on your investment properties.

Hampton Roads is indeed a unique market with its military presence, providing a steady rental demand and some interesting investment opportunities.Looking forward to learning and connecting with you too!

(check was cashed where?)