You have another three years to sell and still meet the requirements to exclude gains under Section 121.If you decide to hold the property and relax with a continued market appreciation and cash flow, three years of future appreciation is a gain that can be excluded when you sell within that time window.Because of Austin's powerful appreciation and positive cash flow, it might be better to hold the property long-term.

Try interviewing at least three managers.1.

@Ryan MoyerYou've now reported your same point, verbatim, three times in this topic.

We are new to investing, we would like to live in one unit and rent out the other three however I haven’t seen any four Plex for sale in the area and one really awful duplex.

Three properties for $170K sounds like a bargain, especially if you can force appreciation after a turnover.If the property is breaking even with the initial purchase, I would pull the trigger on this deal with plans to BRRRR (Buy, Rehab, Rent, Refinance, Repeat) the properties as each one turns over to recycle my cash if the numbers work out.

Sam Wegert's podcast episode about Co-Living investing inspired me to setup a BP account and seek more information.After looking at my local occupancy laws in and around Nashville, I'm finding that most places are not allowing more than three unrelated occupants per house.

It is surrounded on three sides by a different municipality. 

I just purchased 24 units (three identical 8-unit buildings) that share a parking lot.  

Firstly, it's important to point out that Pismo Beach, like many other California towns, has imposed stricter regulations on STRs in recent times.The city has drawn a distinction between three types of authorized 'Less Than 30-Day Rentals,' specifically a "Short Term Rental," a "Vacation Rental," and a "Homestay Rental."

Like families with three kids or two teens who refuse to share a full/queen.