By having funds for a down payment already and assuming credit is not a concern, then the focus is on the property, obtainable Rents, and Cash Flow. 

I am currently pre-approved for 300k with the VA loan, willing to put a down payment if i see a deal a bit overbudget.

I figured I could set up a PA LLC and either have the money directly transferred for payment during settlement or gifted to me to make payment.

I would like to credit back a portion of my buyer's down payment on a house, say a few days after closing.

Divide that $8,000 by the 12 months of the loan, and your minimum monthly interest payment would be $666.66 per month.  

The Down Payment can be higher, but the DSCR program can go up to 80% sometimes 85% depending on several factors like; Property Type, Location, Credit, Cash Flow, and Lender. 

@Tracy ScottLike @Wale Lawal alluded to ... the cost to buy a house-hacking property here in Colorado (or anywhere) are really no different than the costs of buying any property, regardless of your use.Upfront-- You've got down payment and closing costs (1-3% of loan amount). -- Inspection (maybe $500) and appraisal ($500-$1,000 depending on market) -- Any furnishings, if you plan to furnish it.

Now my monthly payment is around $2150 and the house is rented for $2500 to another investor who is renting it by the bedroom.

Now my monthly payment is around $2150 and the house is rented for $2500 to another investor who is renting it by the bedroom.

I always got the payment but often late.