I know some markets are still very hot but it's definitely cooled down a lot here since rates went up 2 years ago. 

I think the answer likely falls in this: what does the market call for in that area and type of home, and what are successful PM companies doing to reduce vacancy rates? 

I don't have a very big budget so I want to make sure I make a smart purchase and I'm even open to possibly partnering up with some developers and builders and or even provide them with some heavily discounted lots as well.

We had 85%+ occupancy and higher than average nightly rates, and our financials supported our sale price of $417,000 in October of 2023- the highest selling condo in the entire complex.

Yes 100% pro-rate the rent.

I've been using batchleads for over a year now and our response rate has been solid so I can't complain when it comes to data. 

If you get a good rate on a savings account, that rate isn’t guaranteed for the rest of your life.

While the easy explanation is that you have a superior property, from the appraiser and bank's POV, I could see them arguing that you will not be able to renew at that rate, and since your loan is outstanding longer than this lease term, they should not underwrite entirely to an above market lease rate.  

Purchase price: $185,000 Cash invested: $45,000 Purchased as a primary SFH with low interest rate.

Conservative ARV is $350,000 and when interest rates decrease, it could be worth North of $400,000.