If so, will there be a recapture higher rate on profit made above that amount? 

I've been skipped over on 2 investments as well.You have to constantly be on backs to get a answer why u don't receive your quarterly deposits.Now its last week of March still no tax paperwork received so I can file.I would look elsewhere for decent returns.I think they didn't plan on higher rates going into this market

Best of luck as you get started.Chris 

Right now I would imagine you're best bet is a small balance Freddie or fannie loans depending on loan size and location.

They may be able to transfer title to LLC after closing, but it will be best to check with your lender if there are any restrictions to do so prior to that lender selling that loan in the secondary market. 

My next best option would be a 2 bdr condo (for cheaper price + condo fee), which are also a little older, but in better locations of Fairfax county.   

Interest rate and down-payment requirement

Welcome to BP Matthew and best of luck investing!

Welcome to the BiggerPockets forum and best of luck on your real estate investing journey!

I’m glad I’m doing a STR there but as rental rates have grown, it’s only a matter of time until I switch to LTR for Nashville.