Zillow rent estimator predicts $3000/month I’m not looking to cash flow much year 1.

They often have access to listings before they hit the market and can provide insights on upcoming opportunities.hope this helps-

You’ll need to hand over a large chunk of cash that’s just going to go to state and federal government, maybe 25-50% of the total gain, not just on the current property. 

If the Borrower moves back to the original area, the Borrower is not required to live in the original house and may obtain a new FHA-insured Mortgage on a new Principal Residence, provided the relocation meets the two requirements above.

Come on BP, surely we can provide quality feedback on this :)

Purchase price: $1,425,000 Cash invested: $400,000 Value add and a house hack!

Assuming the property is appraised at $650,000.00 I am hoping the equity will get my LVT to 75% eliminating the PMI, adding to the potential cash flow when I go to rent and then putting that cash flow + personal savings away to raise capital to buy another piece of property.I realize that in order to buy my next piece of property I will want to put down 20% to avoid PMI and a high mortgage but saving 20% for a piece of property in my area is going to take some time due to the high price ranges $500,000-$700,000.

However, this generic statement is useless for many reasons:- your two years are never identical- even if you expect them to be identical, we don't know the future, and things can change- you likely have a number of special factors that change your tax outcome, some of which I mentioned above and others mentioned in earlier comments on this threadWe are also assuming that you're selling outright for cash and not reinvesting, although you have other options such as installment sales (aka owner financing), reinvesting into REITs/DSTs, opportunity zone funds and more, as mentioned in other comments.Finally, nobody brought up what I consider the single most important factor in your decision process: you sell when you have a good offer, period.

Focus first on making sure to you have the cash for down payment and closing costs.

I come from the a ticketing background and can provide lots of resources, connections, and perspective on the ticketing space (including my thoughts on the recent Ticketmaster news).Generally looking in and around the Missouri-midwest area for our first BRRRR property and am fortunate enough to have a general contractor as a friend/neighbor who will be a part of the business.