If i were active though it could have a much bigger impact.

The tenant pays a monthly premium and keeps an active bank account and credit card on file.

Some things you may want to consider is how active you are looking to be in your investing.

I’m in the process of evaluating the purchase of a laundromat and looking to engage with some folks to ask some questions. 

Engage an investor-focused realtor/broker in your preferred market (this is not a residential realtor) and start 'tire kicking' the market and properties that fit your criteria.

I would do this first before engaging an agent unless you are extremely active.

That you knowingly, willingly and wantingly engaged in the venture knowing the rules of who can/cannot participate, knowing your disqualification, disregarded and engaged in it anyways. 

Greg makes a great point about reaching out to active brokers, those connections can be invaluable.

We recently purchased our "forever" home together in another county and applied for a homestead but of course we were denied because they found out we had 3 active ones in another county.

It is not a set it and forget it thing though, you'll still need to be active and review monthly statements and manage things to make sure everything is running smoothly.