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? 

@Michael Long less than 5% of agents really understand what an investor is looking for!

How well do you understand how the taxes may change with the uncapping of the Taxable Value?

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.

I'm trying to understand if the lease begins on the day of closing or the day after, if closing is at 2pm. 

Not siding with the contractor, but as an investor you will have to learn to understand costs better and when it doesn't seem possible for the contractor to complete the work at the stated quote its best to walk away.

Understanding the audience for each area helps us maximize the appeal—and the value—of every home we flip.2.

The mailers I receive for my properties are not of a high enough quality, to make me believe the sender understands what gets a recipient to even open or read the mailer, let alone respond. 

The only thing is, he mentioned that I will have to file an extension because, understandably so, he does not have the time to complete my small business returns by 3/15 (8 days from today).

I guess I dont understand what you asking.are you asking can a buyer cash out your equity and just take over your seller financed loan.