Best thing to do is avoid the higher DTI debt to income, claim one as investment and use the rents to offset the new purchase. 

However, from my research it seems as though getting financed for a property with an llc that shows no income can be difficult.

My strategy is to hold it long-term, leveraging the steady rental income while benefiting from potential appreciation.

@Charles EvansFrom my experience, having rental income of $1,400 to offset a $2,600 mortgage, leaving you with a $1,200 payment, is a manageable setup with an income-to-mortgage ratio of 28.5%.

Are you looking to flip so you can make income today?

If the local market is healthy and rental income will be adequately managed by a property manager, then a long term residence could be used to build equity.

Do you have W-2 Income, 20% down, reserves, and a decent credit score?

I’m a fan of leverage to scale up and ramp up my passive income.

The tenants have paid and if someone is thinking about moving out then an extra surcharge that hits if they aren't out in time for us to turn the place for a lucrative AirBNB short term rental can help massage the move out timing.That said with MTR we do not have the cleaning costs that eat up a lot of STR gross, and its lower hassle in some ways.  

Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.