Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

Is it fairly priced for the size, location, quality, and other factors?

You can close in an LLC and don't need to provide employment history, income or tax returns, and DTI isn't a factor.

DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show. 

It’s probably not that you’re “small potatoes” to your PM, but more a reflection of the nature of the market itself—low rents, properties with higher maintenance needs, and tenant issues.These factors make properties in these neighborhoods more difficult to manage and generally less profitable for property managers.

Now if your thinking location jumps out as a big factor to all this, you hit the nail on the head, location location LOCATION. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

Hey @Scott Vaeth,That 6% tax hit in South Carolina is definitely a big factor to account for in your BRRRR strategy.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

(Granted, I am not factoring in various fees that may be saved by financing at acquisition).