If you’re curious why - talk to @Michael Plaks :) if you want a creditable source on Congress.gov that proves this - read my post.

They have to source off market product to make money and that requires time and expense.....but ultimately is worth it, depending on how many deals they hope to do annually.

-sourced, it doesn’t typically qualify for the FEIE, regardless of where you or your wife manage the properties.  

I thought I'd better go to a source I trust more, the Bigger Pockets community.

Your initial investment will largely depend on your source of fund and chosen strategy.

Instead, I would source a list of all VA and FHA homes on the market in the area you want to buy and start reaching out to those homeowners directly, or hire a buying agent who has been through the process and can educate the listing agent on the benefits. 

Add value to your current property, refinance out.Whether you want to source your own deals or use agents/wholesalers depends on your availability.

If you finance the purchase of the land through a traditional source bank/credit union most will require at least 20% down.

This is apparent in Washington D.C.’s new high in office vacancy in Q2 of 2024 at 22.4% according to CBRE (Source).

And bait and switch, 10 day Option periods for 10 days for $100 to surf for other Buyers to assign to - don't get me started LOL!