Hello all,I have owned my primary residence for 3 years.

Your lease probably specifies the residents must comply with "quiet enjoyment" of the property. 

Quote from @Hunter Hanlon Taylor: Investment Info:Single-family residence buy & hold investment.

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

Who cares where the rent is coming from?

Investment Info:Single-family residence fix & flip investment.

I'm very new to investing and weighing which options would benefit me the most.Option 1:  Use the cash as down payment on another primary residence and rent out the current.

If you're insuring a home to replacement cost, insurance companies don't care about appraisals or what the home is worth.  

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

It was my primary residence for two years before I turned it into an investment property.