I recently moved to the St Petersburg area around 6 months ago and I am looking to purchase something similar in the upcoming months.

We found this property through months of door knocking, post cards, anything to make connections in the neighborhood we wanted to live in.

I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.

But if your gains are, say $250k, and you lived there for a year, you'd get the primary home tax exemption up to that $250k. 6 months, 125k.

My intent is to be ready to refinance the building through a local credit union that does not have a seasoning requirement within 9 months of purchase.  

You work a stable job and make $5K a month.

In addition, I live with my parents so even househacking will still cost me over $400 a month, which is what I pay to stay with my parents.

The home has potential to bring in a monthly rental of $1800 - $2000.  

In addition, I live with my parents so even househacking will still cost me over $400 a month, which is what I pay to stay with my parents.

I might get extra $300/month ($3900 instead of $3600)I may sell it in about 5 years,  and plan to do full remodel then.