Remember, you can put as little as 5% down on a house, duplex, triplex, or fourplex with a conventional loan.If I were you, I'd speak with a lender about your financial situation to understand what your budget actually is, then look for an inexpensive duplex.

Conventional lenders often allow down payments as low as 5%, especially for owner-occupied homes.

Bid personally, sell to my LLC and take a conventional loan and repay myself after 6 months?

They have utilized a number of financing approaches including: Minnesota Housing Finance Agency Tax Credits, Conventional, Grants through Duluth Economic Development Authority (DEDA), Duluth Housing & Redevelopment Authority (HRA) Assistance.Sharon Brown with Duluth's Life Safety office is a great resource as well when dealing with blighted properties.

And super low inventory means no discounts, even for properties in rough shape.

BRRRR is not a great strategy in most markets now because inventory to buy is low so you have to pay more which shrinks your mini-renovation to rent ratio due to rates as well.LLCs are of no use to you now at all unless you are going to run a business through it before investing in real estate for two years.

Is there a way to purchase a property as a business move with your LLC instead of doing it the conventional way?

not wrong  just have to look at markets and market conditions.in many areas of the country building new just does not make sense when existing inventory can be bought for far less than replacement costs.. and rents wont change enough new vs old to compensate for it.

Let's say you did buy a property off the MLS conventionally and did use a gator for the down payment.

Let's say that my first house hack using FHA loan was bought for 220k and then once it is refinanced into conventional, I try for another FHA but this time it is a 175K property.