The capital gains exclusion is available to owner occupants primary residence.

And, if it comes out that you stood by and let the clock run on mesne profits just to set up the former owner for large damages, a judge will not give them to you.

I just started using it and so far the owner info matches up with the county tax info. 

I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.

Looking to hear from investors, business owners, and anyone who’s navigated this process successfully!

If the owners are saying that, then it is not to be trusted.

I don't have a dog in this fight, but I'll side with others on this debate.

Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.

At REI Nation, the owner can hire our management company. 

Or are you just going to hire your own subcontractors as an owner builder?