As long as you're filing jointly, both meeting the 2 yr use test, and either meeting the ownership test, then the full $500k can be claimed. 

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

We go to straight to sellers with our marketing the prices our better and the ones that meet our criteria we keep for cash flow and the ones that don’t we wholesale.

Would love to connect and get to know/meet investors on here and form a relationship where we can help each other.Thanks any advice is greatly appreciated!

It’s great to meet you, and congratulations on your journey into real estate.

What My Life Looks Like NowI wake up around 6am, even though I have no meetings and can sleep in until whenever I’d like.

network network network. anywhere there is one in your area go and meet someone and follow up is key after that. there are many good apps to find local RE events

You can then set it up to where they email you when a house comes on the market that meets your criteria (let's say a multifamily house in a specific zip code that has been sitting for 90+ days) so that you aren't spending a lot of time looking through listings that aren't going to get you anywhere.

Hey everyone, Nice to meet you all!

Dayton and Cleveland meet your criteria.2.