Oh yes, you need to become the merchant on record.

Hey @Cody Zucker,I manage STR's in Central FL.My fees range from 15%-25% for full service depending on expected revenue.I will say majority of owners that would qualify for a 25% management fee with me opt to self manage or go LTR due to the fact there isn't any cash flow.My average fee is 20% for full service.

Liberty area I currently make 70k and have roughly 20k to put down and I also qualify for a VA loan.

Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence. 

They've been good tenants but don't have any real means to qualify for buying the house in the traditional sense.

I'm in a situation where i'm newly self employed (1.5 years) so dont have enough tax records to qualify for FHA lending. 

Marked Rentals LLC, for instance, provides flexible loans with fast approval and can be a great option for real estate investors like you.Home Equity Investment: Some companies offer equity-sharing arrangements where they invest in your property's equity and you get a lump sum without taking on debt.Business Line of Credit: If your STVRs are operated as a business, you might qualify for a business line of credit, which can provide the flexibility you need for fix and flip projects.Feel free to reach out if you need more detailed information on these options or if you have any questions about flexible financing solutions.Best,Stacey Wells.

Before that it was primary residence since January 2019.Do I need to sell it this October to avoid capital gains tax to qualify for 2 of last 5 years exemption for capital gains (up to 250K single, 500K married filing jointly)?

@Jeff StevensonYou really should consult a qualified professional or two, specifically at least attorney.So far, your lender is correct that legal entities, such as LLC's, are not eligble for conforming residential loans. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.