Midlothian, Va vs Toano, Va.Property:Midlothian New Construction Stanley Martin 2 over 2 style:  3/2.5ba 1579sq priced at $410KSeller incentives : 5.5% fixed rate for a 30 years.  

I've been using a website called "area vibes" has alot of detailed info on any neighborhood you need, like the demographics, crime, schools, it rates everything using a grading system.

If so what would the rates be?

It sounds like the title will be transferred to a land trust, and my LLC or I personally will be the land trust beneficiary.

I feel that a new investor doing a BRRRR is too risky and does not have a high success rate.

@Stephen Scott I may not have been able to help with a true vacancy rate but if there is anything I can being local to Carbondale let me know.

(the same loan you likely used to buy the now rental and your current primary) There is no reason no to use a conventional loan if you qualify because the rate AND terms will be better with a conventional loan then a DSCR. 

How to we coordinate to get the title transfer?  

This is further confirmation of that, because MM never even adjusted my rates in the first place and now it's impossible to turn off.

The buyer can add a performance deed to the transaction which basically states that if the buyer defaults on the loan, the property is transferred back to the seller without a long and costly foreclosure process.