I recommend you discuss and plan this in depth with a local lender who knows your market well. 

A portion of rent goes to the purchase price which is on the top end of market value. 

However, you'll never have to worry about a rodent problem in your house because you have the best rodent exterminators in the market.

Loan sizing varies by market, but in most areas your loan will be sized to 75-80% LTV; 1.20-1.25x DCR; 30-year amortization.

Its also a great way to increase values in a market since newer homes sales offer higher sale prices.

Cheapest marketing model I’ve put together.

Are you looking in other markets outside of NY? 

This will help you close deals faster.Focus on marketing and lead generation to find motivated sellers—direct mail, driving for dollars, and online marketing all work well here.Know your numbers—being able to accurately assess the value of properties and make solid offers is key.Network with other investors and professionals—attend local REI meetups, connect with title companies, and build relationships with hard money lenders.Feel free to reach out if you ever want to chat more or exchange ideas!

This is my third SFR in this market.

The Cville market is quite competitive.