Even if STRs did unlock PAL (and they don't), out of state STRs probably will not work anyway, due to the challenges in meeting "material" participation test for out of state properties.

Highest offers with a painful agent after inspection periods is the challenge.

Home to The Ohio State University with nearly 60,000 students, 5 Fortune 500 companies, over +25% population change since 2000, and the 2016 smart city challenge award winner (https://www.columbus.gov/smartcity/).

They take on the responsibility of tenant communication, emergencies, and paperwork, which can otherwise be overwhelming for individual property owners.The Challenges of DIY Property ManagementWhile many investors choose to manage their own properties, it comes with its set of challenges.

Best of luck during this challenging time! 

Real estate is easy to get into, but it's challenging to be successful.

@Samuel MartinTo secure a new property deal with limited capital and potential DTI challenges, consider Home Equity Line of Credit(HELOC) or Cash-Out Refinance, partner with someone with capital or credit, explore creative financing options, use a BRRRR Strategy, reduce DTI through income boosts or portfolio loans.

Challenges?

Someone has to do it and I’m the only one that is strong enough to go to war with the challenges and get it done.

The higher interest rates and more challenging (but not impossible!)