I am not familiar with them.

I would recommend familiarizing yourself with the two permit on Nashville Metro's website. 

A lot of DSCR programs I'm familiar with don't cut back LTV like that until you get to 5+, generally 1-4 units are classified together with maybe some kind of rate adder for 2-4. 

Lenders and Financing• Can anyone recommend lenders in Destin who are familiar with VA loans and can work well with first-time buyers?

I am not familiar with this exact DPA program.

I would follow the advice others have given.It would be a good idea to familiarize yourself with current landlord tenant laws and have an appropriate lease drawn. 

I’m trying to familiarize myself with the area more thoroughly.it seems to have a stable increase in prices.Since I plan to live in the property initially, breaking even in the first year is my main goal. (5% down; PMI removed with renovation)However, I’m also wondering if it’s feasible to have some cash flow from such rentals, or if the risk of vacancy is high in this market.Any guidance or pointers from those experienced in this area would be greatly appreciated!

It will familiarize you with the basic terminology and benefits.

Being thoroughly familiar with the local market is key.

Quote from @Anna Patty: @Shane Kelly @Nicholas Misch Sounds like you're both very familiar with the Cleveland area.