If you live in a property for 2 of the last 5 years then you can exclude capital gains tax in the sale of the property.

There has been plenty of supply for investors in the DFW market for years, probably the last 15 at least. 

Cleveland, it's great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even. 

Just figured it out last night

I am also eager to connect with experienced professionals in the field, absorb their insights and build lasting relationships that contribute to mutual growth.

renewal at x amount, or 30 days notice resulting in last day of occupancy on x date. 

In the last 6 months most appraisals everywhere were missing the mark. 

the memorandums we recorded were just that we did not record the entire option agreement, so no one knew the terms. on the one big one we have when we had a national developer looking at it last year we had to provide the actual option agreement for their legal team as they were looking to cash us out and step into the option. 

Equity position has 3x'd over the last 3 years with improvements I have made and growing market).

I am open to connect with experienced professionals in the field, absorb their insights, and build lasting relationships that contribute to mutual growth. with that said I am new to the real estate industry and looking into multifamily properties. thank you for answering all questions!