I like the program and I’m thinking about my next building being exclusively for subsidized housing.I often refer to the charts, and I’ve always been floored by how much they deduct from the rent if the units have electric heat.I just put 2 brand new rannai monitors in two of my units.

They are usually more expensive and have lower coverage or more exclusions.  

My wife has her license and we work together doing listings exclusively for investors.

My previous methods were the Newspaper ads (back over 10yrs ago) and craigslist, craigslist works too but you get a lot of fluff with it.....with zillow the applicants have already paid the fee so you know they are serious....anyway, best of luck to everyone.....thanks for your time.

I was thinking maybe I should turn this one Class C into a "felon friendly" property since we have a prison here and definitely a need for it - but I agree, too risky for me, at least at this point.This might be a topic for a law review article, but if a landlord decided to rent exclusively to RSOs and ex-felons (a specialty market), could the LL be found in violation of the anti-discrimination housing laws?

@Marc Andrew, I think the answer will be dependent on how your accountant has treated that property all along.If they simply chose half and consistently reported that one half as the investment portion and depreciated it consistently and offset the expenses on that half then you'll have a tough time taking more than one side as your Primary residence exclusion.  

but my guess is your best option is not the 1031, but rather the Sec 121 exclusion.

Those are two mutually exclusive processes.1.

For the US investors you will want to consider section 1202 stock exclusion.

If he were to rent it out for a year (as @Michael P. hinted at) then he could sell and take $250K of boot (normally taxable but washed out by the primary residence exclusion) and 1031 the rest.