If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption?

Your experience will be valuable to others just starting out!

I'm excited to learn more, gain the education, and utilize the tools I need to succeed.

It appears I'll need a 1031 exchange to offset substantial capital gains. 

Thanks to share valuable information!

It’s clear that you’re taking the right steps by educating yourself and connecting with others in forums and groups.Keep leveraging the knowledge you’re gaining, and remember that patience and consistency are key.

: If you’re planning to hold the property long-term, the repairs may not be as concerning since you’ll gain appreciation over time and benefit from consistent cash flow.

And if you lived out there and could self manage, maybe you're making 200/mo even.From a return standpoint, even at break even, you're gaining 8k a year in depreciation to offset against regular income so maybe 2k there. 

Cash flowing and approximate gain of $80k in equity.

BUT I gained tons of experience and was able to get in the game.Sounds like you won't find something cheaper than what you have going right now, but have you looked at the live-in flip strategy yet?