Also, if you hope to attract a national fast food chain, most retail developers will get a committment from them, or at least some type of LOI, up front to make sure that the chains would even be willing to have a store at that location, and what specs they would want/need for the building and how much rent they could pay, etc.

For added context, the property is a SFH that I will be renting to a long-term tenant. 

I believe that I would then be able to rent out my single family house.

In the first 4 months we upgraded to queen sized beds and never had a problem renting any of them again.

We rented a house located on a pond in the Catskills for the last week in July.  

In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

@Jada Lazenbywelcome.definitely start with a house hack.i started by renting my first primary residence out when I moved into a bigger place. 

I'm a newbie, so this question may have been asked and answered multiple times.Has anyone used their VA home loan benefit to purchase a 2nd property, move into this 2nd property as their "primary" residence and rent out the 1st?

If you were to rent it out long term, that's where you cross the line. 

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022.