New to this platform, long term listener of BiggerPockets podcast.

Sorry it took so long for me to respond but I think they nailed down most of the reasons already.

How do terms usually work? 

How long of a period is this P/L covering (typically a month, quarter, or year.)

If the due on sale is trigger I also have my back up plan (just realized that some old freddie mae) does not have this clause on its terms).

I was looking to have it convert to a long-term mortgage and eventually cash out refinance to build a second duplex once enough equity built up 

I am looking to purchase a house in Havasu City AZ for a short term rental property.

Finally, most companies won't loan to an LLC without a personal guaranty unless the LLC has a lot of assets and a very long history of creditworthiness. 

Not only do you have all the same analysis of a flip, but add to that the long-term hold and being a landlord piece as well. 

The attorney should be capable of explaining the pros and cons of different options.There's no rent control in Virginia, so you can raise as much as you want as long as it meets the terms of the lease.