There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).

Investment Info:Single-family residence buy & hold investment.

Basically, you can't STR an entire home here, or even an ADU, and can only STR out a portion of a home that you reside in.

The resident pays the second month on time and then, and only then, do they get the concession.If the market is soft, and we are having trouble renting, before we consider concessions, we look at the product, the marketing, and lastly the price.

Quote from @Lamier Guzman: @Jaycee Greene I was thinking Hampton or Virginia Beach, leaning more into Hampton honestly for the duplex's but after my military contract and my 1 year of residing in the duplex is complete I plan on renting both units and moving to Florida or Texas to purchase SFH's and BRRRR them.

If the owner does not meet that residency requirement, another human being must be identified as the local agent in charge.

Investment Info:Single-family residence buy & hold investment.

To simplify the existing lease I thought about asking the tenant if they would be ok modifying the addendums to get rid of the resident benefit package and the building protection plan. 

An ADU is a secondary dwelling unit located on the same lot as a primary residence.

Investment Info:Single-family residence fix & flip investment.