During the mortgage crisis i worked as a loan officer for a very short period , in that time frame i saw how shady that part of the business was, customers where signing documents blind and for that very reason most lost their homes, everyone was taking full advantage of the situation and trying to get a wealthy as fast as possible before the party was over.What i dont like working with loan brokers/officers is that there is a lot of jargon in their paper work that they only understand , i wouldnt want to get stuck in bad mortgage deal .

The safe harbor requires the Exchanger to have owned it for twenty-four months immediately before the exchange, and within each of those two 12-month periods the Exchanger must have 1) rented the unit at fair market rental for fourteen or more days, and 2) restricted personal use to the greater of fourteen days or ten percent of the number of days that it was rented at fair market rental within that 12-month period.

The most important factor is consistency, as jumping from one strategy to another over a short period is ineffective.

Those buyers ended up backing out during the due diligence period.

Delayed Advertising for Vacancies:They don’t list properties for rent until the tenant vacates, which prolongs our vacancy periods.

Are the rental properties located in an area where there is no risk of extended periods of vacancy or large rent decreases during all economic conditions? 

Down payment 10% or $1,000.00 whichever is less. 3 day cooling of period & 5 day for people over 65 & many other laws spelled out in the business & professions laws that we test on and signed an affidavit to uphold.People on the forum dismiss these and many other facts relative to contractor license law at their own peril.If I took a residential customers credit card & bought material I'd be in direct violation of license law.

Especially considering this performance is over an extended period of time.  

But the link is no longer operable as it's so long ago.The long and the short of it, Porter did about 40 sub-2's taking over the properties in a period of 3 to 4 years.

Loan Structure & Payment FlexibilityYou mentioned a 10-year interest-only period.