Not an uncommon situation, and depending on the exact details there are still some community lending incentives you could have as a first-time borrower to help with the costs. 

If you have a long standing tenant, good communication, and rent is paid on time this shouldn't be an issue. 

For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3) ADR $750+4) hosts have 2+ properties5) listings are branded with 20k+ Instagram followersetcThen, reach out to those top operators; as many don't have the time or gave up on cold outreach, yet they've done the hardest 90%, have skin in the game, and outcompeted thousands of listings nearby.

Hello,I am new to bigger pockets but have been set on owning a duplex for some time now.

I manage a few properties in coastal NJ and the season is 3-4 months. 

Bad time to sell? 

Now, I only own and manage entire houses for STR and it is MUCH better. 

I talked with a manager at my local KeyBank and she told me "There is no such thing as a DSCR loan.

I love investing and actively have a small portfolio I manage myself in Memphis, I also help investors build their portfolio and I do live in Southaven.

The swift execution highlighted the value of preparation and timing in profitable real estate investments.