Also unless you have lots of capital it could be worth it if you can get good terms.

It sounds like you might not have enough capital at this point...

it's nearly impossible to analyze any $6,000 deal...your numbers are going to be way inflated....that's why your CoC is 400%...and capitalizing any property with less than 5 units is really foolish..not sure why BP has this in their calculator...anyway, if your income is correct, this is ridiculous for cash flow, but an ARV of $25,000?...

This business model allows Alex to capitalize on people who are not ready to buy yet.

The capital loss eats your gain, there is no limitation. 

Sold home(2) that I inherited, I'm in Texas, i don't qualify for capital gains tax as I already have a primary home(1).

Is it worth holding on to these properties or should we be taking advantage of the already rather large appreciation and the fact that we could stagger the sales of them as our primary residences and keep the capital gains tax-free?

I had more than on contractor borrower of mine that finally figured that out got enough equity from relatives and now they are doing quite well and no way we can compete with them.but you start moving up north of 750k to purchase and unless your in the Bay area or prime LA  that does knock out a lot of competitionand you also have to remember this poster is paying CASH  HUGE difference as she has no cost of capital most of us need to borrow and if your borrowing HM which 95% have to as banks really don't service this niche ... her carrying cost ona say 700k project would eat up 20 to 30k EASY.. 

even though I'm sure this post and OP are spam, I'll still suggest the personal capital app.very similar to Mint, but a bit more refined imo

NOI from new lots filled would be mine.Not sure how to deal with any capital improvements, was thinking clause to get reimbursed.At end of option, some portion of lease payments to be applied to down payment.