#1 question: are you willing to sell AND move out prior to the 1st tue auction? 

My wife is a high-end residential interior designer (Projects  $1million and up) and the esthetic you have in this house is comparable to her style of design. 

Hi Darren,Diane and Michael are correct; under Section 121 of the Internal Revenue Code you (as a single individual) can exclude $250,000 of capital gains from your taxes if you have owned and resided in the house as your personal residence for 2 out of the 5 years prior to the date of sale. 

You can't compare that cash flow vs a non-owner occupied 25% down cash flow. 

What are the vacancy rates, comparable rents, house prices; become the expert.

I guess ultimately you'd have to crunch the numbers and compare, but in my head that's what makes sense.

Especially if you don't have prior rehab experience.I bought a couple that were (almost) rent ready in my own city, because I didn't have a GC I trusted and didn't have time to oversee jobs.

@Amanda M LairdA residential property is valued using recent sales of comparable properties.

I'd deduce you're referring to LP side and want to invest as an equity partner in a syndication since you're comparing it to crowdfunding platforms. 

Hey @Pat L. your right, I'm starting to find that it is an entirely different animal as compared to the multifamily value add model that I am used to.