I'd definitely talk to your CPA to run scenarios, but I believe there are some exceptions to the 2 years if your move is due to an employment change or other extenuating circumstance that causes you to need to move more than 50 miles from your current place of residence.I feel like tax code is always slightly changing, so I've found running different scenarios with a CPA is the easiest way to get a straight answer.

The percentages should mirror most other builders as it covers 4 fiscal periods:Without including any financing expense, they are at 82% (total materials and non materials cost), which obviously makes your financing rate and project duration, vital issues to get a good hold  and control of.

In most areas of the country, both vacant and improved land will have some kind of property taxes (minus religious organizations and few other exceptions).

The one that got be exceptionally good results was actually not a big name mentorship I found online.

Also since DTI is always maximized with two primary to qualify, bank/CU gives my file an exception case.

The only exception I'd make here is a group of successful STR properties with solid rental histories.

I will add we took out a loan to buy the home for 20k along with extra cash to put into our home to make a "home office" out of the attached garage we never used except for storage so we added even more value to our 156k purchase.

;)That plan works, except.....you are only allowed to claim the 121 exclusion once every 2 years.  

Your seeking to be the 20%, the exception, and coming from 0 to sling-shot overnight to that is ludicrous to say the least.

STR's are a limited asset class and on the Oregon Coast the STR search is compounded by exponential demand and exceptionally finite supply.