Here is more info on it.https://www.investopedia.com/terms/p/passive-activity-loss-rules.asp

Portfolio lenders use more of a DSCR analysis to lending - meaning they are likely to lend to you as long as the investment can pay its debts - more so than a residential lender. 

As long as you have a decent job you should be able to qualify to buy a duplex. 

The original lease from the owner who owned it at the time it was installed had hand writing on it for payments that increased per 5 year term is what it looked like if I recall correctly.

As long as you don't mind a couple extra emails in your inbox, get on people's buyers lists so you can see what is out there.

Here are a few options and considerations:Commercial Loan or Portfolio Lender: Some commercial lenders or portfolio lenders may be more flexible in financing properties under an LLC, especially if the property will be used for commercial purposes like short-term rentals (Airbnb).

With my line of work not being around all the time I was curious of this since I would be able to manage lease agreements, advertising if needed, long term projects, rent collecting, and reporting. 

I want cash flow, low to no long term maintanence (set it and forget it type), and the less risk the better.

The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender. https://www.biggerpockets.com/blog/core-four-real-estate-tea...

Trouble is that I don't yet have long-term employment in place (just moved to the area a month ago).