I believe you misunderstood your lender or they need to take some continuing education classes.

You have another three years to sell and still meet the requirements to exclude gains under Section 121.If you decide to hold the property and relax with a continued market appreciation and cash flow, three years of future appreciation is a gain that can be excluded when you sell within that time window.Because of Austin's powerful appreciation and positive cash flow, it might be better to hold the property long-term.

I'm still in the niche as I think there will always be a market for affordable housing.

My question is when the three years are up is there a way for me to “refinance the house into my name based of off the equity instead of having to qualify based on my income and pay the owner off”.

I’m interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.It’s gonna be hard if not impossible to get the margin to brrrr pretty much anywhere in the region, would recommend more turn key & house hack. 

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

Right next door to my house there are 2 properties, both 6 unit 4 bed 2 bath apartments.

As I'm developing my marketing strategy for house hacking, I want to emphasize and understand who my potential roommates are and what their potential needs are.I envision the tenant to be a young professional or student looking for housing, but I would like to gather more insights:Amenities and Needs:What sort of amenities and features do young professionals and students typically look for in a rental property?

The other needs less rehab with houses selling for around 100k or renting for $600-$800. 

I know of a realtor or two who will informally watch over a client's house and at least one house-cleaner who would clean between stays, but that's about all I have.