. :) Hi Michael, good call and appreciate the post as I require all of my clients to get an extension after a certain point in the year.

And what are some of the parameters that we'd be required to meet (ie distance from primary residence, etc)?

I have good credit, but not sure how to obtain financing with my current income so I am looking for financing options that don't require me to provide 2 years proof of income.My current plan is to do the following but would like a professional opinion before proceeding.

@Chris Combado, Publication 523 from the IRS lays out the requirements to extend that window for selling your primary residence. 

Different markets require different strategies. 

I find them to require a lot of effort and a fair amount of skill. 

If you want to refinance to take cash out on an investment property you would need to do a conventional loan, conventional loans require 12 months of seasoning.

In the lease he is required to give a 30 day notice. to vacate the property.

Assuming you are inquiring for the Myrtle Beach market, the average (across the 5 submarkets and all property types) is for 72.5% to require 2 nights or less (46.5% have no requirement).This is highly variable by ZIP code and property size/type, however.

Since you are trading out of vacant land, you are looking to dump an asset that didn't require much management.