So if 3 siblings all buy a house together and all live in it when they sell up to $750k can be excluded.If married only one person needs to meet the ownership requirement-but both must meet the use requirement. 

Investment Info:Large multi-family (5+ units) buy & hold investment.

I wouldn't have any interest in buying something like this to hold since it would be so far negative cash flow wise on a monthly basis.

It's a competitive market and most of the people that get in trouble here are ones that buy blindly without actually figuring out the numbers, etc.You'd be surprised the number of times I get asked after month one if their electric bill of $xxx or whatever is normal, and the thought running through my head is "how did you not  check things like that before you committed half a million dollars to something?"

My Wife and I are going to pull the trigger in 2025 and are looking in the Central PA area to buy our first STR.

I'm in the same boat for reference- I bought into the "buy now, refi later" idea and am sitting on a 7.375% on my latest property acquisition and a commercial line of credit I have is at prime + 1 (so 8.5%).

Search for and buy a bad roof.

Or buying opportunities if the bottom is reached soon.

Please feel free to reach out to me and my team if you would like to come up with a game plan and build your buy box. 

Reason I ask is there are going to be a lot of real estate ventures where ALL money is lost, and many are due to poor management or buying a deal they should not buy.