And finally they want success in real estate investing skipping the necessary years of experience, capital accumulation and mastering  lessons regarding real estate principles, law, and finance, by paying a “mentor” (guru) for a 3 day workshop and continual “mentoring”.  

While not in TN specifically, I have assisted clients do as you have described: live in a property as a principal residence for 2 years, rent it out for 3 years, then sell.Based on the situation described, you would appear to be eligible for the MFJ joint exclusion on principle residence on your 90% share.However, in order to retain that ability, the house will very likely need to be sold (ie, sale closed, not just under contract) by the end of this month. 

Verification of income the property generatesi'm probably missing something with regards to due diligence, but once that is complete and you have an agreement in principle on the seller financing terms have an attorney review before signing on the dottled line

It is essential to have the proper entities set up to avoid double-taxation.

So essentially zero support for my concern.

Essentially, you can go prospecting before committing to a larger purchase once you've hit pay dirt.4.

Thanks for posting however your video is essentially an advertisement for Bright Investor doing exactly what I did to generate my findings.  

Your financial activities are essentially outsourced to another institution, which may have its own policies and vulnerabilities.What Can You Do?

I have harped on this point continually, but many investors limit themselves and their wealth building because they do not educate themselves on three foundation principles necessary to understand and utilize the most effective wealth and estate building tactics and strategies in real estate.

Ask for documentation that justifies these alterations.It's essential to feel confident and informed throughout the lending process, so don't hesitate to advocate for yourself and seek out advice or alternative options.