I have been analyzing deals of duplex's that have sold in the NE/SE area and am not seeing a way to get close to breaking even on the mortgage cost let alone taxes, repairs ect while occupying one of the units.I will be looking into an FHA loan, so hopefully that means I would only need 3.5% down.

I focus on SE CT, but would enjoy hearing your thoughts on SHU market.

I saw some investor just put up for sale about 3-4 multifamilies a little SE of there.  

Property located in my hometown of Capitol Heights, MD, just across the border to SE Washington, DC.

Do you have SE income? 

I have also found a couple in Knightdale and Garner/ SE Raleigh that exceed that rule.

I have some water intrusion during heavy rain at the entrance of my English basement turned Airbnb in SE.

(specifically looking for inner 610 loop, Clear Lake/Friendswood/(SE 45 Corridor) and Galveston areas).- Plumber- Electrician- Termite Inspector- Surveyor- Insurance (for investment properties)Thank you in advance for any suggestions!

CAVEAT: Yes, I realize a portion of the debt service goes toward loan amortization, so you're not "losing" that portion per se. 

Rental real estate is a "per se" passive activity under IRC §469(c)(2), regardless of participation level.