However, it may make it harder to fill the common equity piece as the more preferred equity there is, the less desirable the common equity becomes because of risk of loss.

Expensive but you get a piece of mind that anything will basically be covered.  

If there is a better market I'm all ears.

Bette,Great piece for REI's.Like all IRS stuff, there are sublties, so I refer folks to IRS 587, for MORE information than they really want. ha ha

When you get clients these will be the biggest pieces in providing value. 

Properties are pieces of a market.You're not doing anything wrong with your property analysis, you are doing wrong in your choice of markets.

The two years of residence would tick back from when you lived in the home, which concluded in Sept 2021.The other piece to keep in mind, and again, I don't know where abroad you are living, but I would also consult a tax accountant familiar with the tax laws of that country, and the US tax treaty with that country, to confirm a gain wouldn't be inadvertently triggered for your country of residence. 

"get the piece o crap car outta my back yard now!

I have a piece of land behind an existing rental that is almost 1.5 times the size of the standing triplex. 

Really seems like the smart move is to just hold on and wait to see what happens in early spring next year, but if anyone feels differently, I'm all ears.