Why not just buy your own mobile home park and let everyone live for free? 

So if 3 siblings all buy a house together and all live in it when they sell up to $750k can be excluded.If married only one person needs to meet the ownership requirement-but both must meet the use requirement. 

Convert the property you are living in now to your second rental, and buy a new home for yourself. 

Reason I ask is there are going to be a lot of real estate ventures where ALL money is lost, and many are due to poor management or buying a deal they should not buy.

A bit concerning if the market takes a turn but overall and overtime we will be in a good postion.PS - Since 2003, Dean & DeWitt Property Management has helped investors buy, sell, and manage investment properties in the St.

Just one example of a market getting overheated and then right-sizing.Same is going on with syndications, STRs and soon LTRs.BP took off after the Great Recession when investors could buy almost anything and rent it out for positve cashflow.

They will see a large pipeline of local deals, and they will buy some as rentals, flip others, and flip the contract (wholesale) a handful where it makes sense.

For the rentals, are you open to buying "fixer uppers"?

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

Quote from @David B Graham: Investment Info:Small multi-family (2-4 units) buy & hold investment.