The way the SEPP works is that you take the current account value and set a schedule of withdrawals to drain the account over a set period of time.If you find a way to make the numbers work, you might want to setup a specific and separate IRA for that purpose.  

The two years of residence would tick back from when you lived in the home, which concluded in Sept 2021.The other piece to keep in mind, and again, I don't know where abroad you are living, but I would also consult a tax accountant familiar with the tax laws of that country, and the US tax treaty with that country, to confirm a gain wouldn't be inadvertently triggered for your country of residence. 

It's great for separating accounts.

Maybe put some of that into a money market account or the stock market, so if an HVAC does go out in 2 months you can pull out $4-8k to replace it (depending on size, location, etc). 

Hello everyoneJust signed up to pro account.

I saw two recent studies comparing rental costs to home ownership.  

A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.

Since you are an active service member the IRS will allow you to have lived in the property for two out of the previous ten years of owning it. you'd just want to verify with your accountant that you qualify for these extensions.Since you converted the property to investment, you may also take advantage of doing a 1031 exchange when you sell.

You are simply just going to be paying your accountant to file 3 tax files for 1 property. 

Also, not looking for feedback about the value/necessity/negatives/ or need of doing a study.