Another option would be to use the Section 121 exclusion for your personal residence.

I'm actually considering moving from my personal residence in a somewhat distant future so I was planning to test the waters before making the leap.

That's a residents approach, not an investors. 

The Federal K-1’s will be available first, followed by the Illinois state K-1’s.Illinois requires that we withhold taxes from non-Illinois residents and this will be identified on your Illinois Schedule K-1-P(3) line 19.

A commercial lender won't finance owner occupied residences.

Most primary residence lenders are not going to lend in second position for a purchase.

Well future ref for those of us who have NEVER had to reside with pests before, prior to this messi wouldn't have known what to look for, and when the people who live around you, and have lived here prior to my moving ng in.

Some residents even suggest he find a new job.

i think selling to other investors would solve some of this, as i believe the same rules do not apply to rentals as to primary residences. 

We have a disabled son and can’t maintain full-time residence there so that’s why we’re selling.