And these are some very old people with good memories.During the same half century, there have always been the outliers claiming that this time it will be different and have consistently been wrong.  

@Jeremy VargasBest to speak with an insurance broker in your area as things could be completely different.Here things are not handled consistently for duplexes (in our experience), but for triplexes, quadraplexes and multi-unit buildings, you would typically carry "landlord" insurance on the building itself and would have renters insurance for your personal effects within your own unit.With duplexes, years ago I was advised I would require homeowners on my unit and landlord insurance on the other (it was a side-by-side with two separate lots).

I would avoid properties that focus on cash based tenants.Collecting all the rent on schedule and depositing it into your account in a timely and consistent manner.Controlling costs.

It is a numbers game and being consistent day in and day out.  

The reason is is because registered lenders are subject to examination, they have regulations that vary but may get into areas of reserve requirements, net worth requirements, insurance, bonding and they are under regulator controls, many must submit a "call-report" that outlines the lender's financial position, number and types of loans and other lending business aspects.Registered lenders will generally follow prudent lending guidelines applicable to their type of lending activities, they will or should be consistent in their policies, they should have written policies applicable to their loan products.  

Even though I am prohibited from lifting a finger, I  do have to fire some cash pretty consistently at the running expenses of the building.  

I am self employed and curious as to my lending options.I file my taxes and claim all my income and make my deductions.I will be using 2021 and 2022 tax returns.I am 100% owner of an LLC S-Corp.My self employed income starts in 2021 and my LLC was founded January 2022.I have a business credit card and bank account.My income when working is consistent and predictable.

I am self employed and curious as to my lending options.I file my taxes and claim all my income and make my deductions.I will be using 2021 and 2022 tax returns.I am 100% owner of an LLC S-Corp.My self employed income starts in 2021 and my LLC was founded January 2022.I have a business credit card and bank account.My income when working is consistent and predictable.

Consistency is going to land you your deal. 

If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!