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

If so what would the rates be?

@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.

I guess you would call me an "accidental landlord" as I was able to take advantage of our interest rate on our first home.

(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. 

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.

It helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:Expert Matching: Match with professionals who meet your criteriaExtra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets membersBonus Content: Receive an essential interactive workbook: “How to Interview Property Management CompaniesHere’s how it works:Enter your market and what you're looking forInstantly see top matches and their qualificationsConnect with only those you want to interviewBonus!

Heather,New headline for your STR: "Awesome place for hearing impaired individuals"That said, IMO every guest would complain, give you low ratings, etc. 

Hope the property value will increase when rates eventually decline.2.