Any good products out there for something like this?  

However, If you know the market you want to invest focus on building a Team or, how David Greene calls it, your core four.

Actual income production is not a requirement - but generating income is a  very strong indicator of your intent to hold it for investment. 

Originally posted by @Jonathan Greene:"I have little to no time as is to get out and search" is not a recipe for success for a new investor.

This is a great forum with very knowledgeable members that will help to guide you in the right direction.I really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

He currently holds H-1B visa and waiting on his green card.

Does such a product exist? 

I rent out 4 of the 5 bedrooms here and live in the 5th.Lets say I want to go get an apartment/studio in order to increase my productivity and eliminate distractions, and rent out my 5th bedroom.Let's say I want to sell the house at any time within the following 24 months.The 2 out of 5 year rule still applies right? 

Got any DSCR loan products?

I hope I have to do enough local market research to feel confident enough to give yourself the "green light"!