This goes a long way towards fostering a positive relationship.

Hello, I have a single family home in Foster City CA. 

What are your thoughts on whether to rent or buy in the area between Mountain View and Foster City?

It would be worth fostering a relationship with the university so that they know they could close one big purchase with you, rather than numerous purchases with others for the same quantity of land.

The conversations I'm having right now with sellers in your situation is to consider taking advantage of the tax exclusion (as @Dave Foster astutely described) and funneling the money into a true investment property, such as a 2-4 unit.

In Northern Kentucky most homes sell for 94% or more of list price and while everyone wants a bargain you also need to keep in mind that most homes will sell for a fair price these days and it’s your job to be realistic in your search so you do not only set yourself up for disappointment but you also respect the time and effort that your agent is giving you to help foster a successful transaction.

Highly recommend that you speak to Dave Foster

Which, to my understanding, is that you have lived there 2 out of the last 5 years and have used it as an investment property for 3 out of the last 5 years.Dave foster in the following thread explained how it could happen. https://www.biggerpockets.com/forums/104/topics/40...And the following article also discusses how you can use both section 121 and section 1031 together1031 and 121 exclusionsYes, it does seem like a no brainer.

Dave Foster Thanks, yes that was a typo!

@Dave Foster