I just completed an exchange of a single family residence in Scottsdale to a single family residence in Durango, Colorado. 

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

I currently own a 1 bed 1 bath single-family house as my primary residence.

So, generally speaking husband/wife-owned LLC in a non-Community property state, must file a partnership return (ie, the LLC is not considered a single member LLC disregarded entity).

However, not one general location is going to help you determine whether it's a good market for multi family or single family etc.The one true way to start looking into a market is talking to an agent who knows the area.

We provide new construction rentals and PM (single family, duplexes and Quads) for investors.

Normally it's single family or multi-family that's the easiest place to begin.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 

2) I have on single family home (rents for $2100/month) that needs a PM.