Between student loans, bills and just adulting, it would take me years to comfortably fund this investment.

@Josiah CollinsTo be a home office- the room must pass the "regular and exclusive use" test.Is it regularly used for business?

It seemed to me like a friendly group of people with similar goals and willing to share advice.I understand I'm an adult and I don't need my father's approval for something like this, but it's just very frustrating how resistant he was to the idea.

I have been researching a lot of deals and this is pertaining to the SC market exclusively but taxes in SC unfortunately are significantly higher for investor owned versus owner occupied (4% vs. 6%) so I’m thinking the taxes paid per month are probably underestimated and this can significantly affect cash flow for a lot of deals in this area.

Would it be better for me to use the 121 exclusion or use this for a 1031 exchange as a result since it has 1 year of seasoning and has been for the past year been used as an investment property?

I invest exclusively there. 

For millennials all they really need is a overstuffed couch and a web connection for their adult toys.I believe they make their income as professional bloggers.

That is not true self-direction, however many self-directed custodians deal exclusively in alternative investments.

Unfortunately i don't have enough capital to feel secure to do it exclusively.

Any buyer pre-auction will want exclusivity rather than competing at the auction, so you may be able to negotiate a sale that includes a portion of his profit, which is the reference to a joint venture.