If you opened the exchange with the intent to hold the property for investment, and then in the future circumstance changed which caused you to reconsider the use of the replacement property and convert it to personal use, then a period of time less than two years might be reasonable.  

We'd even be happy to move them into one of our (future) properties and just let them keep all/most of their rent income as free cashflow. 

I hope things go better for you in the future. 

THIS WILL NOT need to be disclosed on any future applications (URLA or Uniform Residential Loan Application) as this is NOT your debt!

And while interest rates might not be where they were a few years ago, they’re likely to stabilize or even come down in the future.

I wish you the best in your future! 

Over 5 years ago, I used to marvel at the architecture of this building and told myself that I'd own it one day and reimagine it.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

I work full time at a decent job, but have quickly learned that I needed to make some changes in my families life by securing our financial future. 

I want to have more rental properties in the future and could definitely use that income to help fund those, but with the interest rates being higher, it makes me nervous.