It was previously owned by a husband and wife, the husband being active duty military since mid 2000s. 

By utilizing our own funds, we could efficiently execute the deal and maximize returns, demonstrating our commitment to facilitating successful real estate investments for our partners.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

I recommend you read "Long-Distance Real Estate Investing" by David Greene and consider investing in a different market.

However, keep in mind that the difference between the sale price and the loan amount must be brought to the table by you.

I was told by the bank that I couldn't do a 1031 because it's a primary residence, and 1031 are only for investments.But I also don't want to sell and lose 20-30% on taxes (lived in the house for 2 years)What's the best route?

Be careful- literally street by street can be very different.

Now, I want to pay it forward by creating a step-by-step real estate investing course specifically for high-earning professionals who might be feeling the same pressures I once did.I know how tough it can be to juggle a demanding career and personal life while trying to invest wisely.

they i multiply by 12 and divide by targeted cap rate. 

Thank you for the info, but the place is already owned by a family member.