I hope other experienced investors can point us to single sources, but suspect the tools and knowledge is gained from many angles (books, podcasts, seminars, mentors, etc.) and experiences (successes and failures). 

I lived in the rental for three of the past five years, so I should be able to take advantage of that $250k tax break on capital gains, which should be plenty to cover my equity gains.

Because I believe the cash flow this building will kickoff will feed me for a lifetime.And...30% in capital gains as tax and a $6000 prepayment penalty did not excite me.1031 exchange may of worked, but, it sure is tough to locate a replacement property that would suffice.Thoughts?

Additionally, only my aunt's third appears to benefit from the 250k capital gains exemption.The house has appreciated approximately 300k in the last 16 years. 

I'm self managing the SFR for now to gain first-hand experience.

Avoid short term capital gains?

Hate to sell in a couple years and eat up all those cash flow gains just in commissions and closing costs.

So, I'm interested in learning more about purchasing rental properties.In my quest I can provide hard work and construction skills, especially in pool related area, in exchange to gain experience or potentially work a few deals with you all.It is a pleasure to be on here, and to eventually meet with you all. 

Your background in property management is incredibly useful -- the experience you're gaining is as important as the capital you're raising.

Is there a way to calculate or do I just need to gain experience doing it?