It can be either ordinary gain or capital gain ( short term if you sell before a year)depending on how you plan and document your intent.

His funds seem limited which is why he is confused about getting into a smaller deal.I would recommend the OP search for PM clients to build experience, gain more investor contacts, and hopefully close a deal that he can participate in.

The post, seen on Facebook and in emails and texts, asks for a fee of around $10 to gain access to a potential homebuyer’s email and phone number. 

I have learned a tremendous amount by attending events when I can, learning and gaining confidence from people that are playing the game at a level I can aspire to.

I sold off a large chunk of stock to show an "available cash" in my brokerage account when making all cash offers.Over the past several days the market did great and I lost out on the gains.

I’m thinking of selling to pull some money out, but know I need to do a 1031 exchange to avoid paying capital gains on just about the entire sale price.

Here's the numbers:Purchase: 136k, 5% down = $6800 + closing costs and prepaid insurance will be roughly 10k downARV: 175-180k, have to see how the neighborhood does in the next year, my realtor firmly believes 180.Rehab: 15-20k, all done by us.So after putting 20k into the property, that leaves roughly 24k of capital gains tax. 

I'm here to learn and see what I can do to gain schedule freedom.

Under this setup, if I decided to sell the residence after 2 years, does the Capital Gain Exclusion (Section 121) still apply?  

Also, If your properties are underinsulated they will gain heat faster in the case of hvac malfunction in 100 degree heat.