Now you have moved.I think you could sell that property and do both a 1031 exchange and take out boot that would be washed out by your primary residence exclusion.  

I listen while driving, washing dishes, mowing the lawn, working out, you name it.. my headphones are usually always in, trying to absorb as much information as possible.

Interest now versus interest later- that's a wash to me.Buying equity is like investing anything anywhere.

Was he just putting nice numbers in for the exercise or are there traditional loans out there for investment properties?

This and the girder beam will require the building of temporary walls.Due to foundation movement and water/termite damage there is some sage in both the first and 2nd floors of the house that we will jack up in place before we set the house back down on the new foundation and piersThe basement is half dug-out,half crawl space, so we will build a block retaining wall across to prevent any further wash-out from the crawl space.The brick front porch is falling away from the house, since it's tied into the foundation it is pulling the house with it.

Prior to those properties I have also owned a small self serve car wash.  

Personal Living Trust with beneficiaries :- washes capital gains upon demise.

You don't want the tree guy incurring damage or having one of his workers hurt on YOUR property, and the developer washes his hand of you.

i.e. a rust spot on the inside wall of the dishwasher, where someone must have washed a frying pan or something and let it sit against the side.  

I wash my dog and all her bedding weekly, but that carpet still smells like...dog.