Since I have the $500K exemption, does that reduce the exchange amount from $2.5MM to $2MM?

Instead of cutting your market in half, I recommend finding ways to allow pets while reducing risk and increasing income.I allow fish tanks up to 20 gallons (275 pounds). 

Just another example of investors wasting money, time and energy on anything and everything other than the underlying real estate.

The idea is to purchase a single-family residence where they would help cover the mortgage, or at least reduce my monthly payments.I’d love to hear from anyone who has experience with house hacking!

This allows you to get an RFC (tax ID) and report your income on platforms like Airbnb or others, reducing the tax rate to 8%.

A cash flow study should be performed to ensure that the refinance does not drastically reduce the property's return.Good luck!

If you do not want to do that, then you would have to ask the seller to reduce the purchase price by that dollar amount.

I stand by what I said earlier about access to capital - as an investor I know that its pretty easy to access large amounts of capital, and anyone who spends a lot of time, money, and energy marketing for capital is a red flag.I believe Summit has filed for bankruptcy, but as this has happened multiple times already expect them to resurface soon with a new name & new website.

Unresolved code violations, such as unpermitted modifications, could impact your ability to refinance or could reduce the property's appraised value, affecting loan terms.

Anyone you hire is merely there to reduce the burden on you and make your life easier, you are still the one in charge always always always.