If you used them to purchase another rental/ use for another business endeavor...the process starts over. 

Also started posting in some facebook groups and making some traction.

) the education process has started with me regarding the commercial side of things !  

It will be a while before the negative equity starts to be recovered.  

Whether your at $0 or $10mm of personal cash to start with.   

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  

Don't want to pay tax on selling the rentals I unfortunately don't think they actually want to utilize the 121 to sell their existing primary and then potentially buy another one-it sounds like the goal is to ultimately continue owing that initial home which I think makes this whole plan 5x more likely to be torn apart under audit because they're trying to end up with the same property they started with.  

I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.

As a PRO member, I purchased this 8-week Momentum package two weeks ago and am still waiting for the Zoom Meeting information, as it starts tomorrow at 2:00 p.m.

By Friday—just three days after closing—it was listed on the market with professional photos.Over the weekend, offers started rolling in.