And I’m 99% sure You will lose your capital gains sales 100% exclusion as you will have unqualified time before your qualified time.

I'm reaching out to gather some insights and feedback on a strategy I'm considering for my first investment property.

Is there any way to avoid capital gains on selling company stock?

Working with realtors for valuable market insight and contractors for scope of work might be a good option for you starting out if you don't have experienced flippers you can work alongside that know this stuff. 

@Aaron Arnold - this was super insightful.

Appraisal for our house value $ 200,000Step # 1 - Cash out refinance $ 140,000Step # 2 - 1031 sale of the house for $ 200,00, so we pay back $ 140,000 to pay off loan for Cash refinance.What happens with $ 60,000 left do put in escrow or third party and now we need to buy new property for $ 200,000 or higher to avoid capital gains tax?

The other 100K of gain's tax rate depends on where his other income is at.

We have opportunity here, happy to share insights on our market!  

Hi, I'm very interested in this area if anyone who has properties there would like to provide any insight as to expectations of cash flow and neighborhoods.

Thanks Brooklyn, I didnt mean illegal by loophole haha though I disagree about flirting..I think we should have flirted much harder to gain us some better rights as property owners :P