What I don’t understand, and help me on this, is why someone would simply want to purchase the Mortgage/DOT without the note. 

Planning for flexibility with frequent moves and understanding property management will set you up for success when you start investing in 2026.Good luck!

From my understanding, based on my experience buying and selling properties in Texas, any known repair or damage—even if resolved—should still be disclosed, along with a note explaining that it was fixed.

That pragmatism will help you mitigate risks as you understand the different components of managing rentals   

If you can learn to understand the fundamentals of a given market you can make informed investment decisions. 

Whether it’s for startup costs, equipment, or marketing, leveraging your home’s value can help bring your entrepreneurial goals to life.Bottom LineWhether you’re thinking about selling, upgrading, or simply want to understand your options, your home equity is a powerful resource.

So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 

I believe you mis-understand the process.

I’m struggling to understand why all of this is necessary just to use their property management software.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.