Then I want to move my stuff over to the inherited tenants side (as it’s the nicer unit).Unfortunately the inherited tenants have 4 larger dogs, a guinea pig, and two cats (one of which they adopted a week before closing).

If you figure out the funding on your end and pay him in full for all of his properties, he'll pay capital gains on all profits.

Are you planning on avoiding cap gains and depreciation recapture?  

Hi Tristam, I unfortunately can't offer any commercial insurers as for you but would like to comment on the loss...I'm not sure if Carrier denied this claim entirely ; if they stole wiring that would be considered Theft however I personally would consider the damages caused to the property Vandalism; in order to remove the wiring they had to gain access to the wiring and that would have probably damaged the sheetrock wall, damaged/scratched the paint, debris on carpeting (maybe metal shavings from wiring in carpet) and possibly even caused damage to the front door to the home to gain access.  

From my opinion, the pros and cons of each areOpportunity Zone FundPro:I can pull out cost basisAfter 10 years capital gains tax is reduced 15%Capital gains of the investment are zero after 10 yearsOnce the property is developed, I should get a regular stream of dividends until cashing out in 10 yearsCon:I may have a 2-3 year wait until the Fund generates incomeFunds are pretty much locked in for 10 yearsReturns don’t seem to be as good as a rental property 1031 ExchangePro:I can exchange into properties with better cash flow and collect monthly cash flow immediately I have a tangible property rather than a fund which can be mismanaged I believe my monthly returns will be higher than an OZ Fund Con:Capital gains (depreciation recapture) continues to buildNot as passive as an OZ Fund I’m wondering if I missed anything?

David Greene suggests not doing your first deal(s) with them until you have gained more deal experience, agree disagree?

I understand capital gains can be avoided by living in a home 2 of the last 5 years, but I don't know how that works when selling two homes.

@Braden Anderson I name them all for something unique about the house:The New House (it was a brand new build)The Soul House (it’s an old soul)The Jo House (interior looks like something Joanna Gains would decorate)The Pond House (backyard abuts a pond)Etc. haha it’s actually pretty fun

Good turn key companies make their profit through economies of scale and increasing value through improvements, just the same way as someone gains equity through the BRRRR strategy.

I am excited and also terrified all at once but thankfully for the tools and information I have gained here I believe its a winner!