Which brings me to my second issue: I don't believe (but haven't looked closely) that most of these funds are even trying to gain contractual control of the deal.  

Situation:Found a seller who wants to sell but doesn’t want to pay 300k gain all at once.Pure vacation property/second home.

I know that OF agreements will be whatever two parties agree on, but I'm hoping to gain a better understanding of what might be possible that I haven't considered. 

Let's hope we don't get "unrealized gain taxes"! 

They shared I could easily sell this unit for 400K+ leaving a sizable gain in the short term.That being said I would face some significant capital gains and I was wondering if I had any options to avoid these.

How to get better odds of gaining property?

Can anyone verify the tax treatment as of today that a gain from owner occupant unit is applicable for Sec 121 exclusion, and a gain from rental unit is applicable for 1031 exchange?

The exit strategy is when you buy a property for a short term gain and if the market changes..

Rate will be lower with a higher down payment, so you'll cash flow more, but look at what you're saving by using that as a down payment vs. what you'd gain by putting less down and and using that towards the next property. 

Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals.