One tip is closely track your interactions with any potential investor, but in any circumstance when you enter into the syndication/private investor arena you need to be familiar with the rules so that you do not blow an exemption or break the law.

The problem is, it will be under the delayed financing exemption (DFE) which will only give you at most, your money back. 

I’m closing on my ideal 4-plex near a major university and medical centers using an FHA loan.

@Dale OrcuttThe only way to defer capital gain taxes on your homestead, outside the $250k exemption, is to sell it with owner financing, on installments.

Most students want to be close enough to walk/bike so the only way you'd be able to lure them away is to have really cheap rent, which wouldnt support the cost to build new.If you do build on the lot, then I think you'd have better luck marketing to the medical workforce. 

A writ of execution has been handed down, and they have chosen to sell this non-exempt property. 

I'll apply the $500k capital gains exemption to the personal residence.

According to my attorney, I am already exempt from a lot of city rules since I live in the property.

@Patrick HallAs @Dmitriy Fomichenko accurately stated -rental income in an Ira or 401k is exempt from federal taxation.

Unfortunately, I am still recovering from some medical issues and do not work because I am still bedridden and do not walk or work.