Augusta, GA is the home of the Masters and a lot of folk vacate their residences in order to make some cashola.I don't mean to bust your chops on this as the info was great, but it isn't a loophole and the IRS doesn't consider it a loophole.

The most basic step is to ensure that our form is in a highly visible, easy-to-access location where visitors can simply fill in their name, email, phone number, and property address.It’s honestly ridiculous that the BBB accreditation is ABOVE the form where the lead should input their details for your acquisition agent to contact them!

But we'd also like to be compensated for this cost especially since we are offering our residents a service. 

@Max Servais if this will be your primary residence, you will need to insure this with a Homeowners policy. 

“The availability of affordable housing in Phoenix has plummeted very quickly and very dramatically,” said Maxine Becker, an attorney at the Wildfire Community Action Agency, a group that advocates for low-income residents of Arizona.Evictions are seen in virtually every community, from residents in their early 20s to retirees.

It’s similar to a triplex in that you’re renting three units, however it is a single family residence with an ADU...three leases in place does not change that.

I'm going to be honest with you; this is the first time I've heard of it.

I honestly believe that the cycle isn't finished and there are still good deals to be had, but you can determine that for yourself by doing some research. 

Most of the time you're talking about land that doesn't have all that much value and any appraiser that's not crooked is going to recognize the land for what it is - you can't comp 15 acres of swamp or rocky cliffs with 15 acres of flat farmland and get away with that honestly, unless the entire point is to defraud the IRS. 

Hard to argue selling the home and not having to worry about the gain.You can use 1/2 the funds towards your down payment of a personal residence and then still have enough funds to maybe buy 2-3 investment properties.