Rent it as say a 2 bedroom if it is a 3 bedroom.

How they answer those questions would say a lot about the quality of agent that they are!  

I don’t believe it was any worse than say, a house.

Even if you have the net worth requirements, the lender will look for experience, which I assume you don't have experience in owning and managing, say a 100+ unit apartment complex. 

Maximum amount of time I'd say about 8 months.When you say "a unique small house" what features would you be focusing on?

You’re looking at let’s say a $450k gain.

Then there is the repairs and maintenance threshold for small guys which seems to say as long as you don't spend more than 2% of your properties unadjusted basis you can go nuts an expense everything.This all seems to good to be true.

If we apply say a 2% value to each of those, that would be 8K & 10K respectively for 18K total, or 18%.

You get the benefits of anonymity with the Land Trust and you can further solidify your asset protection strategy by having the beneficial ownership interest in the Trust owned by let's say a Nevada or Wyoming Holding LLC. 

You will get crazy *** bids, low bids and average bids.Some of the easy stuff you can do yourself but if you have another source of income and can create more dollars per hour than let say a painter then best be spent hiring a professional painter.