Normally, they would have zero tax because of the capital gain tax exclusion on primary residence, known as the Section 121 exclusion.

You will gain so much knowledge from the experts in your market and also may find someone who is in the same boat of you.

I have cut out all music and have been listening to the podcast and audiobooks for the past week while I drive for work trying to gain as much information as I can.       

I want passive mail box money not tenants toilets and termites

I've lived in the condo so I would be exempt from paying taxes on Capital gains up to 250k.However I'd be letting go of a low interest loan of 3.375% which is tough to get in this market.I would like to purchase more properties so I feel that having this first one will be useful to show lenders.Am I missing anything else?

SOI was the biggest way to gain clients. 

The IRS in its Passive Activity Loss Audit Technique Guide published a sample Activity Log.  

Adding additional assets, a familiar market, buying a house "for free" as I call it, and gaining experience with lower level of risk How did you find this deal and how did you negotiate it?

On the flip side, do you think the stability/predictability of the Dayton market could be a positive thing for someone like me to gain some experience and then branch out to a more competitive market like Columbus?

Basically meant to be as passive and turnkey as possible.The numbers?