@Vikram Puri - CT taxes are very high, but if you are going to invest in the state, Hartford is not a terrible focus area.

       - Does not require escro taxes and insurance.I have attempted on 2 homes to go with online lending options, Both of which fell through and were a bit of a hassle.      

@Bob Asad since you've lived in it for the two years you could potentially qualify for the 121 exclusion, giving you $250,000 of the gain tax free ($500K if married) like @Jeremy Ellis said. 

I am an investor, and interested in starting to build a property base locally, so reach out if you do have deals that you'd like to discuss.Best regards,Jerry

My partners and I have put in time for the research and building our foundations including an investor pitch deck.

The capitalization rate, or cap rate, is an invaluable metric that quantifies the expected rate of return on commercial investment properties, like apartment buildings.

Just curious, Clint....is that enough of a legal paper trail to satisfy your accountant and/or the tax man if/when necessary? 

I think the site would be ideal for a 3- to 4-unit, build-to-rent townhouse development project.

Realize you may be better off using cost segregation to achieve greater tax benefits immediately for purchases of STVRs.

You need to look at the expenses (mortgage, insurance, property taxes, etc) and income.