To assess the property's financial performance, key metrics such as Gross Rental Yield, Net Operating Income (NOI), Cap Rate, and Cash-on-Cash Return are calculated.

Compromises are made due to financial realities.  

@Mason VitalisYou may be referring to the 2-out-of-five-year rule which states that you must have owned and lived in your home for a minimum of two out of the last five years before the sale to qualify to exclude up to $250,000 of that gain for individuals and up to $500,000 if you file a joint return. 

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

There is a lot to the processNote I am not an agent (nor would I want to be one), but there are times when you absolutely should use an experienced person to handle one of by largest financial transactions you will go through in your life

Also consider the cost and risks involved in obtaining a home equity line of credit.Evaluate your financial goals, risk tolerance, and investment strategy to make the best decision for your next investment. 

Paying down your mortgage and owning an asset that will appreciate over the long term.If you are paying close to what you pay in rent to cover PITI and expenses then owning a house is a much better financial decision than renting.

In 2023, I did 18 transactions(Top 500 of ~15,000 agents), and manage 13 rental properties for other individuals.As an Individual, I also own 5 additional rental properties that I also self manage.The reason I would like REPS is because Ive got about 200k in passive losses(100k just in 2023 as I fully remodeled one of the rentals and partial reno of another) I would like to apply towards our household W2 income(600k) Overall, I feel like I could definitely qualify but I definitely lack detailed time log of all activities.

If you are buying rental properties and you can qualify for conventional lending, Fannie and Freddie will require the properties to be in your individual name. 

For real estate investors, the WeWork saga underscores the importance of grounding investment strategies in realistic financial models and market demand.