So I think you might have misinterpreted what it was saying and it  might make sense if you read the worksheets carefully - you do not include any period of non-qualified use that occurred after the last day that the taxpayer or spouse used the property as the principal residence during the 5-year period prior to the date of sale.

@Evan wondering if you'd be so kind to extend that offer to another OOS interest investor.

Yes there are hard money lender that will lend up to 75% ARV and will finance the entire deal to include closing costs.The term is typically limited to 6 months and you will have to extend if you can’t exit within this time line.

What if all 3 of those identified replacement properties sell to other interested parties during the 180 day closing period and we never get any under contract?

Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

This could impact your cash flow, especially if your rental income margins are already tight.Another thing to consider is that a HELOC often has an interest-only payment period for the first 5-10 years.

Yes, he can still file bankruptcy, but that is only for a 30 day period (last resort.)Good Investing...

I do get periodic calls about washers and dryers.

You should always have a due diligence period that would allow for enough time to complete all 3rd party reports and govt approvals before you have your earnest money go hard. 

Provided, however, where the tenancy involves only the rental of a space for a manufactured home as defined in G.S.143‑143.9(6), a notice to quit must be given at least 60 days before the end of the current rental period, regardless of the term of the tenancy. (1868‑9, c. 156, s. 9; Code, s. 1750; 1891, c. 227; Rev., s. 1984; C.S., s. 2354; 1985, c. 541; 2005‑291, s. 1.)