You (the owner) must reside in the house for 2 out of the 5 years prior to sale to get the sale tax free.Unfortunately you're also on the bubble for a 1031 without some clarification of intent. 

Taxes are the main reason I've not crossed over into SC.

I would like to find 1-4 multifamily or single family REO, short sale, etc. with the intent of owner occupied.   

High asking price, poor quality photos, and inability to access the property for showings are oftentimes the main reason why a listing expires.Best of luck to you on this deal and future deals!

The main one is the second Monday of the month and there are other sub meetups that I am working into my routine. 

I have an accepted Letter of Intent to purchase a mobile home park in Florida and need to draft a purchase and sale. 

@Martinis Jackson, if you bought that property with the primary intent of reselling (flipping) then it does not qualify for 1031 treatment. 

Although a private letter ruling does not establish legal precedent for all investors, there are many advisors who believe two years is a conservative holding period, provided no other significant factors contradict the investment intent." 

I would recommend sending them an LOI which lists your intent with the property, your assumptions about the property, and if possible, proof of funds.

Zillow announced today it's intent to buy and flip properties in the Vegas and Phoenix markets.