@Ashish Gambhir like most have said it will take some creativity or a lot of work to get a cashflow rental in the Triangle. 

@Kavya VeerapaneniThere is a market for short term rentals in Danbury.

Quote from @LaShon Evans: I manage 400 rentals and own 33.

Long-term, medium-term, or short-term rentals? 

Ideally, I would like to have 5, 10, maybe even 15 joint venture rental properties.

Run the numbers on your first home’s rental potentialGood luck!

Every investor has a different approach, but I personally buy my rentals the same way I buy my flips..at a deep discount using hard/private money, then refinance with a rate-and-term loan to secure a lowest interest rate.Ultimately, it comes down to your goals, risk tolerance, and ability to find value-add opportunities.

There is nothing that could happen at your rental that wouldn’t be your fault for not preventing, curing, fixing.

AND it's recommended to layer in longer term monthly type of payments, like rentals.

Maintenance/cap ex, insurance, if a rental PM, bookkeeping, misc.The fact you have a loan means 1) leverage 2) equity pay down.In addition, there are tax benefits.So I will do some rough underwriting as an OO non-rental at 95% LTV (because FHA has some undesired consequences that make the 1.5% difference in LTV worth avoiding the FHA).equity paydown: 20% (using OP interest rate at 95% LTV and not counting closing costs).