What the average consumer is completely oblivious to is that after 2 yrs of homesteading a property, they generally don't have to pay capital gains tax on their net at closing in home appreciation, from what they bought the property for and what they sell it for in FL.

There's a lot of gray here.If it's capital gains - then you report each sale separately.

This idea caught my attention as I am currently not in the best financial situation but am willing and hungry to gain the specialized knowledge of not just this one method but of all the methods available in REI. 

I started listening to their podcast a few weeks ago and gained a ton of helpful information. 

I assume 50% of recapture tax will be due and 50% of capital gains dues at that point? 

Anyone who can actually help you with useful advice, is probably financially well off, meaning their time is very valuable. 

Here is how my typical week would have looked before I gained this awareness..

To gain equity and traction you likely need a value add deal. 

On the other hand, by house hacking you may achieve the same living for free scenario or let’s say that you are $100-$200 out of pocket, but you will also benefit from principal pay down (you gain equity with each mortgage payment), tax breaks, inflation (each year your rent may increase, while your mortgage payment stays the same), and appreciation (maybe).

Sample; capital gain is $150K minimum down for the new investment is 25% or $80K, Do you have to use the full $150K or can you just use the $80K for the new investment?