I've been listening to almost all the BP podcasts daily; I've read 2 of the PB books including Starting with Strategy. 

Can be profitable ,BUT, my experience as a hard money lender is that there are many companies operstimg in this field that aren’t very stable financially.  

Below are strategies to help scale a real estate business effectively:1.

Sometimes you can waive this tax, but not sure if you can on Person to Entity transfer3. 

You can read more about it here if you're interested.

This seems viable with a TIC approach.

My question is, do I qualify as having lived in the house for this time, to get around the 2 out of 5 years capital gains tax rule?

Thanks for the mention @Nathan Gesner@Jodi-Ann Birch we don't do business up in Flint, but we have encountered Gebrael Management a few times as they've tried to do business in Metro Detroit.They seem to have good processes, but please validate they will meet your expectations.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

This move is expected to generate an additional $30 million in operating profit for the fiscal year.The closures come as Seven & I consider a higher unsolicited buyout offer of $47 billion from Alimentation Couche-Tard, the parent company of Circle K.

This is not legal advice, just friendly information.Obviously, I'm biased, but an attorney should put that together.