Building relationships with wholesalers, agents, and investors who specialize in off-market properties will give you an edge.

This also includes any potential benefits for tax losses, no matter where they are sourced to.Given the property is in MO, it would also be subject to income tax reporting in that state, unless there are any exceptions to having a filing requirement there (I don't know MO rules off the top of my head).  

Would love to connect and share insights on building a hands-off, cash-flowing portfolio!

You're better off self managing or going with a local company with boots on the ground.

It appears some of you are giving off negative shade here.

Or get work done with a good GC and pick off some subs you meet to do work direct for you.

Since you're a high-income W2 earner, you may be limited to passive losses write offs only.

It would blow your mind what I make off my LTR'S. 

I'm closing with an off market property, a lot less hurdles than the last forclosure I bought with the bank haha. 

Also listen to them if it is difficult to get financing...they're telling you that your math may be off.