You will probably need to stay for 2 years to avoid Capital Gains.

Nothing ventured, nothing gained!

Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

Your father-in-law will want to minimize his tax liability on the capital gain and think about how the sale fits into his estate planning strategy.

Quote from @Gordon Middleton: Quote from @Earl Gaines: Quote from @Gordon Middleton: Hi Andria, I'm underwriting a boutique hotel deal in the Berkshires NY right now.

I would like a payoff planner that helps me navigate the various maturity dates and interest rates of my (15 due in 5) mortgages so that I gain the best financial advantage when paying down principal balances. 

Hi @Justin Pumpr,You’ve been through a lot brother, and it’s clear you’ve gained valuable experience, even if the results haven’t matched your expectations.

Did you find a good one and did it make a good gain?

@Damien Davis you'll make less on the initial projects but the experience you'll gain will be completely worth it.

You have to compare numbers, capital gains is substantial after 8 years.