Being a remote investor will cost you more as you will need services at the location and someone trusted to handle deliveries, replenishing supplies, turnover inspections, etc.  

Poor wording in the original post.I emailed the CPA and said that the advise does not seem to be correct and received the following response:"Forming an LLC alone doesn't automatically turn passive losses into active losses.

The need is much much much greater and demand will continue to outpace supply.

But I still believe we have a huge supply and demand issue and the government needs to do something to spur new construction.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

Secondly, he again did not fully disclose everything and was pushing for the signature on the final closing documents, in them he has 2 seperate title agencies involved as well as a third party construction company listed as the policy holder for the insurance for the home, and the figures for sale are different from those on the sale agreement document that I did sign, with clauses included that state if the title is not free and clear that the buyer has the right to sue me for insurance purposes and to cover the silent second mortgage that I was only informed of because the title agency called me to say something was up after arranging the notary to come to me to sign the final documents (at which point I said no and had a copy of the closing documents emailed to me), and again the so called real estate agent negotiating the transaction is listed as the buyer (under the guise of being part of ushomebuyers.com, same as the agreement to sell). 

And sometimes (sorry) people have to find me on BiggerPockets as my emails are always filled with a ton of messages.But I try.

I will wait on a DM or email from Rene.

I'm under the process of buying a house, not using a realtor.Contacted the seller through email and responds to me always.

Just shoot me an email and I'll provide you contacts to a great landlord attorney, investor friendly CPA, and also the necessary steps for leasing to the new tenants, as well as the renewal of the current tenant if/when that has not been completed yet.